Management Rights

Motels

Caravan Parks

Employment

 

April 2015

You are browsing the site archives for April 2015.

In: Motels and Hospitality, The Management Rights Market

Contributed By: Resort Brokers on

Significant opportunities are now available in regional Australia for experienced, resourceful motel operators willing to back their own judgment and ability. Amid the fallout after the mining construction boom, fortune will indeed favour the bold. Many strong regional towns suffered a dramatic downturn as mining construction declined. Motels that experienced outstanding trading during the resource-fuelled boom, now find a remarkable high has been followed by a demoralising low. Some who reaped considerable benefits during the good times have, sadly, had their spirits knocked by the downturn. Understandably, they are ready and eager to sell and move on. So, as one door closes, another door opens.Read More →

In: Accounting and Finance, General Interest, The Management Rights Market

Contributed By: Mike Phipps Finance on

It seems that in this quite buoyant (some might say bullish) market lots of buyers are interested in getting into accommodation businesses that they cannot afford on their own. Obviously one way of achieving this outcome is to find some investors, create a partnership and go shopping. Certainly if you fall into this category as either active operator or investor we can help in terms of managing the entire process on your behalf. A word of caution however. Only experienced managers need apply. The clear message from the investors we talk to is that the managing partner needs to have a demonstrated history of successfullyRead More →

In: Body Corporate, Legal

Contributed By: Hynes Legal on

Under the Work Health and Safety Act  there are a range of codes of practice that have been issued by Safe Work Australia. As you would expect, there is a code of practice about managing the risks of falls at workplaces (the Code). A management rights business remains a far less risky business from a work, health and safety perspective than most industries. If you subscribe to Safe Work Australia’s updatesyou will receive regular emails about far more serious injuries than are ever likely to occur in a management rights context. There are some unfortunate (and regular) reminders of the dangers of working with heavy machinery. Working at heights in aRead More →

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