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WNA Blog Home » Business Mentoring Articles

The Joy Of Missing Out

November 20, 2014 | David Solomon

Unplug, stop the racket and you will soon feel the joy of missing out.

I’m sure you’ve heard about the Fear Of Missing Out (FOMO). It’s where we over consume, overcommit, or generally overdo something because we can’t bear thinking we might miss out on something. It’s like going to a buffet where you appear to have unlimited choice of food. How much do you put on your plate? […]



The Likelihood of Being an Australian Millionaire

November 5, 2014 | Leo Eliades

Millionaire

If you were with me 7 years ago you would have seen me confused  sitting in the lounge room of my home on my brown leather couch beside the old cast iron fireplace. You would have seen me wondering why some are not able to achieve higher levels of wealth. You would have seen me […]



Fried Chips – The Precursor to Letting My Poor Brain Go

October 2, 2014 | Leo Eliades

Let your poor brain 'GO' and you 'WILL' create wealth.

When I was in my early teens I remember the trips to the country with my father. When we stopped for lunch I always ordered a plate of chips as this was the cheapest item on the menu and everyone else was eating steak. Everyone thought that I did not care much for steak, the […]



Some Easy to Do Tips for Your Speaking Success

September 22, 2014 | Pix Jonasson

Professional speakers don't just wing it, they fully prepare before each presentation.

Want to impress your audience and attract more speaking engagements?. Then you will need to leave nothing to chance and be fully prepared in every aspect of your presentation. Here’s some great tips that will help your speaking career shine: Practice: Practice, practice, practice! Practice in front of the mirror, practice in front of friends […]



Master Franchising and the Impact on Franchisees

August 27, 2014 | Simone Pentis

Selling a Franchise

When a franchisee (also referred to as sub-franchisee) considers entering into a franchise system that operates under a master franchise structure, this requires not only additional documents to be reviewed, but raises issues that need to be carefully considered before a sub-franchisee signs on. Currently in Australia before a sub-franchisee can enter into franchise, it […]



Why Invest In Yourself? You Are the Product

August 18, 2014 | Pix Jonasson

Professional speakers know that to stay in the spotlight they need to invest in self-education, marketing and their business.

Basically, for many business women who are not just the business owner but also the product of the business, your business is really about you. For example, if you are a professional speaker, your speaking empire is based upon your own knowledge and your own ability. Therefore, your knowledge and ability are the ‘company’ assets […]



Franchises Are Not Forever

July 30, 2014 | Simone Pentis

Franchises are not forever

Franchise agreements generally have a set period that they are to exist, with no automatic rights to extend operations after the expiry date. Neither is there generally any rights for a franchisee to be able to sell its franchise for a period that exceeds the Term and any renewal options expressly set out in their […]



Should I Set Up a Master Franchise Structure Within Australia?

June 27, 2014 | Simone Pentis

Seting up Franschine Structure

In Australia we tend to see more overseas master franchisors who have granted a master franchise for the whole of Australia, as opposed to Australian based master franchisors who break up Australia into various territories (often, but not always based on State boundaries) that are then given to various master franchisees to operate the franchise […]



Is it Time to Ditch the Business Plan?

May 30, 2014 | David Solomon

Ring your insurance broker TODAY and make sure that your business insurance policy does include Tax Audit protection.

I’ve long been an advocate for very thorough planning – especially contingency planning. I think it stems from my time in the army (a long time ago) where I learnt that “Prior Preparation and Planning Prevents Poor Performance”. Being much more optimistic than pessimistic, I have since made that into “Prior Preparation and Planning Promotes Positive […]



Prepping to Sell Your Franchisee Business

May 7, 2014 | Simone Pentis

Planning your business strategies and foundations for 2015

Just because you own your own franchise business, does not mean you can deal with it or sell it to another as you see fit. Franchisees will generally be restricted under the terms of their franchise agreement in respect to when, how and who they can sell their franchise business and/or any right in respect […]