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Search results for “Knowing your management rights agreement”

You are browsing the search results for “Knowing your management rights agreement”

In: Accounting and Finance, General Interest, Motels and Hospitality

Contributed By: Mike Phipps Finance on

Those who know me well will attest to my obsession with detail. I think the psychiatrists call it being anally retentive, not a particularly pleasant vision to be sure. The managing director calls it a mild mental disorder manifesting itself in a capacity to be a complete pain in the posterior. I justify the way my head works by a need to be highly organised and a desire to drift off each night knowing those I rely on and trust are equally diligent. Yes, my desk is uncluttered and everything has its place. Failure to return said thing to its rightful spot will be punishableRead More →

In: Body Corporate, Facilities Management, Landlords, Tenants, Renting and Management

Contributed By: The Onsite Manager on

When running a management rights business, it’s so easy to get so caught up in the day-to-day that you forget you’re not just an employee doing a job, but in fact a business owner and investor. It’s understandable – if you’re spending all your time listening to complaints and getting covered in bin juice, it’s not hard to lose sight of the reason you first went into management rights: to enjoy a better work-life balance, to semi-retire, or to build a nest egg off of your letting pool income. Unfortunately, there’s no secret get-rich-quick method to running an effective, profitable management rights business. But thereRead More →

In: The Management Rights Market

Contributed By: Wesley Venz. Principle of Venz Management Rights Buyers Agency on

In today’s market place, buyers have to be aware of what they are up against. Buying right involves being fully informed on the business you are intending to invest in and the associated risks involved within that industry. Choose a business you’re comfortable with that feels right, where you can imagine yourself running the business day-to-day – it’s a business that you can live and work from. Look inside the industry: are there special skills needed, government regulations, licenses required? Are you up to these challenges and commitments? Management Rights is no different to any other small business, which is why you need to lookRead More →

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