In this Australian Business Podcast episode, Zara McGuffie sits down with Jordan Kidis to go through 4 of the questions written in from our listeners last month.
When to register for GST
How do you know is a business is worth the asking price
Cash flow management tips
How to build a subscription service into your business
Resources mentioned in this episode:
Free community: https://community.inflection.au/c/say-hello
Ask a question (select the Business podcast): https://bit.ly/R-quest
Chat with Zara: https://calendly.com/zara-inflection/marketing
Chat with Jordan: https://gsadvisory.com.au/contact/#call
Our outsourcing partner: Flexisource IT https://flexisourceit.com.au
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Rask Resources
All services: https://bit.ly/R-services
Financial Planning: https://bit.ly/R-plan
Invest with us: https://bit.ly/R-invest
Access Show Notes: https://bit.ly/R-notes
Ask a question: https://bit.ly/R-quest
DISCLAIMER: This podcast contains general financial information only. That means the information does not take into account your objectives, financial situation, or needs. Because of that, you should consider if the information is appropriate to you and your needs, before acting on it. If you’re confused about what that means or what your needs are, you should always consult a licensed and trusted financial planner. Unfortunately, we cannot guarantee the accuracy of the information in this podcast, including any financial, taxation, and/or legal information. Remember, past performance is not a reliable indicator of future performance. The Rask Group is NOT a qualified tax accountant, financial (tax) adviser, or financial adviser. Access The Rask Group's Financial Services Guide (FSG): https://www.rask.com.au/fsg
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20:35
Insurance for business owners: everything you need to know
In this Australian Business Podcast episode, your host Owen Rask talks with Skye Private's Phil Thompson about getting insurance for business owners and sole traders. They cover:
Why you should insure yourself
Key types of insurance for business owners
Structuring of life insurance
Other insurances for business owners
Tax consequences of insurance
Buy-sell agreements and insurance policies
Phil's business - Skye Private
If you like this Australian Business Podcast episode on life insurance for business owners, you'll love our series. Don't forget to subscribe for weekly shows on Apple, Spotify, YouTube, or wherever you get your podcasts!
Follow us on Instagram and TikTok for more investing insights.
Topics Covered
Welcome & introduction
Why insurance matters for business owners
General insurance vs personal cover
Understanding Sky vs Sky Private
How income protection works for business owners
Life & TPD insurance explained
Key person insurance for founders
Trauma & child's cover basics
What is buy-sell insurance?
Business structuring & ownership of policies
Real-world examples of insurance gaps
How to work with Sky Private
Final thoughts & where to get help
Resources for this episode
📄 Learn more about life insurance:
Life insurance checklist: https://www.raskmedia.com.au/wp-content/uploads/2024/09/Insurance-checkpoints-with-Skye-RASK.pdf
Book a call with Skye: https://www.raskmedia.com.au/life-insurance
Our outsourcing partner: Flexisource IT https://flexisourceit.com.au
~~ Rask resources ~~
🔗 Explore all Rask services - https://bit.ly/R-services
📋 Learn about Rask Financial Planning - https://bit.ly/R-plan
📈 Start investing with Rask - https://bit.ly/R-invest
📜 Access Show Notes - https://bit.ly/R-notes
❓ Ask a question - just select the Finance Podcast - https://bit.ly/R-quest
📲 Follow us on social media:
Instagram: @rask.invest - https://www.instagram.com/rask.invest/
TikTok: @rask.invest - https://www.tiktok.com/@rask.invest
DISCLAIMER
This podcast contains general financial information only. That means the information does not take into account your objectives, financial situation, or needs. Because of that, you should consider if the information is appropriate to you and your needs before acting on it.
If you’re unsure, you should always consult a licensed and trusted financial planner. Unfortunately, we cannot guarantee the accuracy of the information in this podcast, including any financial, taxation, and/or legal information. Remember, past performance is not a reliable indicator of future performance.
The Rask Group is NOT a qualified tax accountant, financial (tax) adviser, or financial adviser. Access The Rask Group's Financial Services Guide (FSG) - https://www.rask.com.au/fsg
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36:51
Zara & Jordan’s Coffee Catch Up - April
In this Australian Business Podcast episode, Zara McGuffie sits down with Jordan Kidis to discuss news within their own businesses, some of the challenges that come with scaling businesses and Jordan’s recent experience going through a rebrand.
Resources mentioned in this episode:
Free community
Ask a question (select the Business podcast)
Chat with Zara
Chat with Jordan
Our outsourcing partner: Flexisource IT https://flexisourceit.com.au/
Rask Resources
All services: https://bit.ly/R-services
Financial Planning: https://bit.ly/R-plan
Invest with us: https://bit.ly/R-invest
Access Show Notes: https://bit.ly/R-notes
Ask a question: https://bit.ly/R-quest
DISCLAIMER: This podcast contains general financial information only. That means the information does not take into account your objectives, financial situation, or needs. Because of that, you should consider if the information is appropriate to you and your needs, before acting on it. If you’re confused about what that means or what your needs are, you should always consult a licensed and trusted financial planner. Unfortunately, we cannot guarantee the accuracy of the information in this podcast, including any financial, taxation, and/or legal information. Remember, past performance is not a reliable indicator of future performance. The Rask Group is NOT a qualified tax accountant, financial (tax) adviser, or financial adviser. Access The Rask Group's Financial Services Guide (FSG): https://www.rask.com.au/fsg
Learn more about your ad choices. Visit megaphone.fm/adchoices
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32:33
The Unseen Power of Branding
In this Australian Business Podcast episode, Zara McGuffie sits down with Jordan Kidis and dive into the tangible benefits of a strong brand, like increased trust and reduced marketing costs. They also discuss when businesses should consider a rebranding strategy.
Topics covered today:
The biggest misconception businesses have about 'branding'
The tangible benefits of a strong brand
The recent rebrand Jordan and the Grey Space team went through
The rebranding process
The potential downfalls of a rebrand
When to consider a rebrand for your business
Resources mentioned in this episode:
Free community: https://community.inflection.au/c/say-hello/
Ask a question (select the Business podcast): https://bit.ly/R-quest
Brand audit with Zara: https://calendly.com/zara-inflection/marketing
Our outsourcing partner: Flexisource IT https://flexisourceit.com.au
Rask Resources
All services: https://bit.ly/R-services
Financial Planning: https://bit.ly/R-plan
Invest with us: https://bit.ly/R-invest
Access Show Notes: https://bit.ly/R-notes
Ask a question: https://bit.ly/R-quest
DISCLAIMER: This podcast contains general financial information only. That means the information does not take into account your objectives, financial situation, or needs. Because of that, you should consider if the information is appropriate to you and your needs, before acting on it. If you’re confused about what that means or what your needs are, you should always consult a licensed and trusted financial planner. Unfortunately, we cannot guarantee the accuracy of the information in this podcast, including any financial, taxation, and/or legal information. Remember, past performance is not a reliable indicator of future performance. The Rask Group is NOT a qualified tax accountant, financial (tax) adviser, or financial adviser. Access The Rask Group's Financial Services Guide (FSG): https://www.rask.com.au/fsg
Learn more about your ad choices. Visit megaphone.fm/adchoices
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36:22
AI & Automation: The Future of Streamlined Business Operations
In this episode of The Australian Business Podcast, Zara McGuffie and Jordan Kidis explore the transformative power of automation for businesses, highlighting how it saves time, reduces errors, and drives growth through strategic implementation. It emphasises focusing on automating key tasks, avoiding overcomplication, and ensuring team adoption for successful integration.
Topics covered today:
The return on investment of implementing automation into your business
5 key areas to automate tasks in your business
The future of automation in business
How to get started
Resources mentioned in this episode:
Free community: https://community.inflection.au/c/say-hello
Ask a question (select the Business podcast): https://bit.ly/R-quest
Our outsourcing partner: Flexisource IT https://flexisourceit.com.au
________________________
Rask Resources
All services: https://bit.ly/R-services
Financial Planning: https://bit.ly/R-plan
Invest with us: https://bit.ly/R-invest
Access Show Notes: https://bit.ly/R-notes
Ask a question: https://bit.ly/R-quest
DISCLAIMER: This podcast contains general financial information only. That means the information does not take into account your objectives, financial situation, or needs. Because of that, you should consider if the information is appropriate to you and your needs, before acting on it. If you’re confused about what that means or what your needs are, you should always consult a licensed and trusted financial planner. Unfortunately, we cannot guarantee the accuracy of the information in this podcast, including any financial, taxation, and/or legal information. Remember, past performance is not a reliable indicator of future performance. The Rask Group is NOT a qualified tax accountant, financial (tax) adviser, or financial adviser. Access The Rask Group's Financial Services Guide (FSG): https://www.rask.com.au/fsg
#business #motivation
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Australian Business Podcast is Australia's top business podcast for people building, managing and leading a successful small business in Australia.
Hosted by Zara McGuffie, CEO of Inflection, and Jordan Kidis, co-founder of Grey Space Advisory, whether you're drawing a small business plan on a serviette, have a growing side hustle, you run a business with 10 employees or 100, the Australian Business Podcast will teach you how to grow, manage, market and steer your business to success.
The Australian Business Podcast will help you grow your business faster, take advantage of industry change and opportunities, and identify strategies to make you more profitable.
Hosted by Owen Rask, founder of The Rask Group; plus Jordan Kidis & Danil Goloubev, co-founders at Grey Space Advisory, and Zara McGuffie, CEO of Inflection Marketing. You can take our free business course on Rask by following this link: https://bit.ly/3B9Xekp
Owen's top Australian Business Podcast resources:
Australian Business Podcast - landing page
Ask a question
Inflection community
Free business course
⚠️ General information, tax & legal warning ⚠️
The information in this podcast is general information only. That means, the information does not take into account your objectives, financial situation or needs. Because of that, you should consider if the information is appropriate to you and your needs, before acting on the information. In addition, you should obtain and read the product disclosure statement (PDS) before making a decision to acquire a financial product. The Rask Group Pty Ltd is not a licensed tax agent or law firm. If you don’t know what your needs are, you should consult a trusted and licensed financial adviser, tax agent and/or lawyer, who can provide you with personalised advice, tax advice and legal advice. Please read The Rask Group's Terms & Conditions and Financial Services Guide on our website before acting on the information in this podcast.