Podcast: Ep#19 Guidance for Small Businesses with James Jacka
Thinking of taking the leap into business? What skills do you actually need to achieve your goals?
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In this special episode of Eden Exchanges on Guidance for Small Businesses we spoke to James Jacka, a successful Franchisor and savvy businessman. His breadth of knowledge, experiences and insights into Aussie business makes him an excellent authority to give you guidance on finding a business that suits your needs, excel once it’s locked in, and achieve your ongoing goals and objectives.
We urge you to listen in to this practical, step-by-step advice that takes you through the whole process of small business ownership, wherever you are on that scale.
Key Points
- Small businesses and franchises in the Australian landscape
- Is a small business for everyone?
- Suggestions for someone looking for work-life balance
- What are people looking for? What motivates people to start up a business?
- Understanding the stresses
- Family & managing the social aspect
- Having an on/off switch
- Going it alone as an entrepreneur, or finding a system to work for you
- Different styles of business and people
- Figuring out the financials
- Starting your business plan and cash flow
- Narrowing down business to suit your skills for the most financial returns
- How to generate work and get to market
- Advertising tips
- What to look out for when buying a business
- Do your research, fact check, and ask the right questions
- Short, medium, and long term goals
- Choosing who to partner with and setting clear boundaries
- Final pieces of advice