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Study isn't what it once was. I'm almost at the end of a year long diploma (it's taken about 8 months). It's been totally online. Our group project was done entirely by email- eight guys, so not even any "co eds" (not an Australian term but you've got a bit of first hand US culture). I...

China. It's been almost a week now. How did it go with the new staff members?

But that would involve some planning, financial and legal advice.

I think that the fitout belongs to you as the tenant, not the building owner. Now it's even more important to get that SMSF stuff set up correctly. You'll lose half of your capital gain in tax if you haven't got it set up correctly and you get taxed in your own name. But really, I'm not sure...

That was an act of necessity-you wouldn't have bought it if you hadn't run out of your lease, and now you want to sell out ASAP. You've been wanting 8%+ returns, long leases, good growth and good strong tenants. Properties like that are extremely rare. I've heard it said- "Good returns...

In all sorts of matters, not just SMSF. Starting from "buy an investment property".

Thanks ATIH. It's good to know of a company that does this, especially a company which does it properly. I got screwed over by a company which told me it was acting in my best interest. Then I went with a company which gave me an excellent workplace agreement- and then went bust.

Dave, quite often the value of a CIP is tied to yield- but also to quality of tenant and length of lease. But your point is valid- that the rent must be a fair market value rent. China- you want to give up $26,000 pa, presumably increasing by inflation annually, for a profit of $100,000? Not...

I am suggesting that it be discussed with the employees. They've already shown that they are uncomfortable with the idea. If it's forced on them without discussion then they will be very unhappy and can prove to be a liability to the business. I'm not surprised at all that you would put...

We have a couple of issues here. One is having cameras. I am not against this at all. I had them in both my shops. They were extremely useful when we got held up- twice by the same guy, holding a knife up to one of my employees. He got a little bit of cash and about eight years in jail. The...

There may be a lot of good people out there. But it's far better, and far cheaper to your business, to keep a good person, than to find a new person of unknown quality. Having said that- if you have bad employees, you do need to try to move them on where possible. China has said previously...

Oh wow. That heavy handed, treat everybody like scum, might work for tenants in Canada- but it won't work in a business. M An employe relies on employees to do their job properly. An employee who is treated with respect, as one human being to another, is far more likely to do the right thing...

It sounds as if you have lost some trust already which may be hard to get back. My suggestion fwiw would be to try to consult them- initially just ask them if there's anything which would make the new premises better for them of for patients. Just sit down with them individually over a cup of...

The summary in the first link, which is not the legislation, says that employee approval is required. However that doesn't appear to be a part of the legislation itself. So I was wrong. However if you are trying to force it on your employees without consultation or agreement you are going to...

Btw. Employees can work with you. They aren't enemies. Work with them and they can be very valuable to you and do a lot of good for your business. Work against them and things can get difficult for you.

China have you even read what has been posted? I posted a link which summarises the NSW Act which is http://www.findlaw.com.au/articles/390/surveillance-in-the-work-place.aspx Somebody else suggested that you check out the surveillance act itself- what I had posted was just an...

Consult with your employees as well. According to my reading of the legislation they need to be given 14 days notice and they need to approve. Let them know it is in their interest. If you had a patient who got a bit upset they would want that recorded to ensure they don't get blamed. The...

No. But any small business owner who is not at least aware of the law can leave themselves open to problems later. When we took over our business I was not aware of the plethora of laws which cover the workplace and employment. There's laws on workplace health and safety, employee pay and...

I'm worried about this bit too. It was suggested that the law says you must get employee permission and give notice. But you've installed first bad only just now waiting for legal opinion. In fact it looks as if you have advice given on a number of matters which you haven't followed up on...

China, you appear to have had problems with staff issues. It would be good, for the camera issues as well as with all sorts of industrial relations type of issues, to ensure that your lawyer has a good knowledge of the industrial relation laws. There are specialists, but I'm sure that many...