Employ Contractors? READ THIS…

and it won’t matter what size you are…

Organisations engaging contractors should be on notice.

With Unions pushing the Federal Government to limit the number of independent contractors, on the basis that contractors are disadvantaged and better placed in traditional employee/employer roles with full entitlements, many organisations may be forced to put contractors on the payroll.

Putting contractors on the payroll means organisations have to foot the bill for all employment costs such as PAYG, superannuation, annual leave, etc Contractors may lose better pay rates, tax advanatges and the flexibility in their work… read on

Contractor Double Jeopardy” by Brad Twentyman for Human Capital magazine…

Female Owned Businesses Responsible for Job Creation in the U.S…

Similar story in Australia too I suspect, and here’s why…
Tandelyn A. Weaver, owner of PersonalFreedomForWomen.com shares some interesting insights.

Divorced or single mothers who undergo traumatic experiences in life have been an impetus for 30% of female business owners to embark on their entrepreneurial ventures.

A report published by The Guardian Life Small Business Research Institute projects that female-owned small business, now just 16% of total U.S. employment, will be responsible for creating one-third of the 15.3 million new jobs anticipated by the Bureau of Labor Statistics by 2018 (Forbes.com January, 2010).

Social factors have resulted in the growth of female owned businesses. Where motherhood results in delays of starting their own businesses, it is also the reason for women owned business growth.

It is also believed that businesses owned by women start small and go through steady growth. The first three year survival rate of female owned businesses is 72.25%. The reasons for high survival rates of female owned businesses lies in the natural and to some extent learned disposition of females to run and manage a business successfully. For example, it is said that patience is the key to any successful entrepreneurial venture. Women are known to be naturally patient and flexible to change.

Family businesses have also been a successful place to help business growth. These family businesses have inspired women to start a business of their own and helped build in them skills which are necessary for managing a business. A study conducted in the mid 90’s showed nearly 78% of female business owners had some form of family business connections in their past. Women entrepreneurs are more likely to start a business for achievement of personal goals like accomplishments and recognition and the need to support their families.

It is inspiring to know that women are helping create jobs in United States and around the world…continue

10 Tips to be a Leader of your Mother of a Business…

As reported in MyBusiness.com.au…

In my experience of working with over 140 businesses around the world over many years, I have been amazed at how often we are called in because the business owner has problems with staff, customers, suppliers or the market.

Invariably, our first meeting with an owner is dominated by them telling us all their problems and how everyone is against them. This ‘victim mentality’ typically expresses itself through blame, denial and excuses. After hearing what they have to say, we will usually confront them with a simple, bold statement: “Your problems have little to do with anyone else; they are ultimately a reflection of your own behaviour.”

The essence of this statement is an important insight — a business is a reflection of its owner. As the owner gets better, so does the business… keep reading

which is exacrly why mentoring programs like the entrepreneurial motherLode program are so important…

What Business Can Learn from Pirates…

a great little article from The Economist

…smaller, nimble competitors make stealth attacks on larger rivals is a well-known phenomenon. Nonetheless, the way that larger companies can defend themselves against attack is a matter of much debate. Professor James says that the key is to quicken decision making. In his analogy, by the time the captain of an oil tanker has spotted the pirates’ inflatables it is too late; big ships take a long time to turn around. Similarly, once a large business has gone through the traditional process of observing an attack, orientating itself, deciding what to do about it and then acting (what Colonel John Boyd, an American military strategist, called an OODA loop) it is too late, the competition is upon it…
read on

Forget Cinderella, Find Fred Astaire…

By Avivah Wittenberg-Cox for ChangeThis.com

Most companies would like to become more gender balanced at all levels, with women and men dancing together in a smooth and natural way. They have been trying for decades to attract, retain and promote more women. They have tried to grow their female customer bases. They are embarrassed by the all-male faces on the boardroom website, dancing to the tune of their own drummers. Most have gotten rid of the photos, but not the problem. Yet some companies have tried really hard, for a really long time. And almost everyone, male and female, is suffering from gender fatigue.

Why so much effort for so little result?

Because we have over-focused on kissing Cinderella awake from her slumber and inviting her to the ball. But nobody ever bothered checking if the prince can actually dance…
read on

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