Mining for magic dust

Tattooed entertainment tycoon Ashley Sutton worked his way up from the bottom: the pits of the Pilbara. Now, Sutton, who has won wide media coverage, borders on famous but by his own admission is no people-person. Speaking from his adopted city of Bangkok, the brawny, profanity-prone part-time fantasy author says he should be more outgoing, only he finds socialising “very stressful”. Read at the Sydney Morning Herald..

 

 

 

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Potential profits in learning to love the undervalued

In the new Martin Scorsese drama The Wolf of Wall Street, a crazed trader strikingly conveys the volatile nature of trading. “Nobody knows if a stock is going to go up, down, sideways or in circles,” the trader, Mark Hanna (Matthew McConaughey), says. Read at The Age.

 

 

 


How to write your own will

Half of all Australians die without a will, according to the Australian Securities and Investments Commission, meaning the law decides where your assets go, potentially favouring relatives you resent.

Read more at the Sydney Morning Herald..

Five spending cuts that will boost your savings

How frugal are you? It’s said that people today treat wants as needs, splurging on luxuries that bring brief consolation and sap our savings. The question is, which expenses to avoid? You probably know to be wary of products pitched by a cold call or mailed brochure. And, presumably, you are not about to buy a yacht. Here are five more specific expenses to cut.

Read at the Sydney Morning Herald..

How to work a room: networking icebreakers

How well do you work a room? At trade fairs and other business networking events you cannot just lurk and hope to make connections with useful entities. You must take charge – make a gambit, break the ice.

With the tech trade show CeBIT Australia coming up, here is some advice on how to approach vendors and visitors at any networking event.

Read more at the Sydney Morning Herald..

Size up a franchise in seven easy steps

Australia is the world’s most franchised nation. It has three times more franchises per head compared with the United States, according to IBISWorld, which describes the $180 billion industry as “booming”.

If you are keen to join the boom by buying a franchise, you’d better be careful. A recent watchdog report found that some franchisors inflate potential income.

Here’s some expert intel on how to spot a legitimate franchise opportunity.

Read more at the Sydney Morning Herald..


Watchdog warns investors over income promises

THE consumer watchdog is urging would-be franchise buyers to watch out for inflated franchise-income claims. The warning follows complaints to the Australian Competition and Consumer Commission from franchise owners who say they were promised a minimum “guaranteed” income from their franchise but had earned little or nothing. Many complaints involved cleaning and home services.

”The ACCC is investigating whether a number of franchisors in this industry engaged in misleading or deceptive conduct by making claims about potential earnings,” acting ACCC chairman Michael Schaper said, adding the watchdog was particularly worried about franchisors targeting people from non-English speaking backgrounds. Read more at the Sydney Morning Herald..

www.smh.com.au/small-business/franchising/homework-key-for-franchise-buyers-20120715-2244k.html