Top Stories Small Business & Startups
I have met many brilliant and entrepreneurial people in my life who have had grand ideas for a businesses. They enthusiastically give me details about their ideas and some actually go through with them. I can see they’re determined to succeed and yet I’ve seen many of them fail. It’s often the ones who don’t know much about the ins and outs of running a business that stumble. Here’s why.
Every company is driven by people. When you first start your own business and need to expand your workforce quickly, it’s tempting to hire the first decent person that walks through the door or take on an individual that isn’t asking for too much money. But the important thing to remember is that hiring the right people can elevate your businesses to new heights. One startup investor has some advice about recruitment and why you shouldn’t hesitate to let go of people who don’t fit into your business.
Two big claims underpin attempts to cut penalty rates for Sunday workers in the retail and hospitality sectors: that they are no longer needed or relevant, and that they cost jobs. These claims are at the centre of a review by the Fair Work Commission of awards in those industries. The review began in late 2014. Employers have applied to have those penalty rates cut.