Podcasts about businessdepot

Learn how to navigate the often-overlooked aspects of business management in these challenging economic times. In this episode, John Knight, the founder and managing director of BusinessDepot, shares invaluable insights into understanding your business's financial position. He highlights the inflationary pressures affecting various sectors, particularly how service-based industries are dealing with rising wage demands. John emphasizes the importance of knowing your break-even point, a crucial figure that empowers business owners to make informed decisions about cost-cutting and exploring new revenue streams and practical strategies for reviewing expenses, from scrutinizing subscriptions to identifying unnecessary direct debits. About our guest: John Knight is the visionary behind businessDEPOT, where he currently drives strategy, growth, and overall group management. As an accomplished accountant, he combines his extensive skills and experience in business strategy to provide unique services to his clients. Leading the business advisory team, John presents at conferences, facilitates workshops, consults on specialized projects, and offers one-on-one coaching. With a solid background in business valuation, he oversees all valuations while focusing on helping business owners enhance their value rather than just delivering reports. Additionally, John delivers tax advice, designs management reporting systems, manages projects, and oversees cloud system migrations with his team. He is particularly recognized in the real estate sector as a leading advisor, guiding businesses on profitability, strategy, growth, accounting processes, tax, and succession planning. Follow Our Guest: Website: https://businessdepot.com.au/ Linkedin: https://www.linkedin.com/company/businessdepot/ Instagram: https://www.instagram.com/businessDEPOT Youtube: https://www.youtube.com/@businessDEPOTgroup Follow Us On: Instagram: https://www.instagram.com/thestevehodgson/ https://www.instagram.com/sharewithsteve/ Episode Highlights: 01:09 - The Importance of Second Opinions 02:34 - The Reality of Business Viability: Knowing Your Financial Position 03:22 - Current Economic Challenges 04:59 - Break-Even Point: Key to Understanding Your Business 05:31 - The Importance of Annual Financial Check-Ups 07:04 - The Hidden Costs of Unused Services 09:20 - The Gym Membership Model: Profit from Inactivity

Discover how John Knight the founder and managing director of BusinessDepot help business owners navigate the challenges of entrepreneurship with genuine insight and support. John shared his journey from growing up in a family business to founding Business Depot, highlighting the importance of sustainable growth over simply chasing expansion. His heartfelt desire to help others comes through as he offers practical advice for tackling today's economic hurdles, emphasizing the value of self-awareness and reviewing expenses. Passionate about connecting with fellow business owners, John also discusses the role of technology and automation in making work more efficient. On a personal note, he reflects on the lessons about wealth he shares with his children, underscoring the importance of balancing work and life. About our guest: John Knight is the visionary behind businessDEPOT, where he currently drives strategy, growth, and overall group management. As an accomplished accountant, he combines his extensive skills and experience in business strategy to provide unique services to his clients. Leading the business advisory team, John presents at conferences, facilitates workshops, consults on specialized projects, and offers one-on-one coaching. With a solid background in business valuation, he oversees all valuations while focusing on helping business owners enhance their value rather than just delivering reports. Additionally, John delivers tax advice, designs management reporting systems, manages projects, and oversees cloud system migrations with his team. He is particularly recognized in the real estate sector as a leading advisor, guiding businesses on profitability, strategy, growth, accounting processes, tax, and succession planning. Follow Our Guest: Website: https://businessdepot.com.au/ Linkedin: https://www.linkedin.com/company/businessdepot/ Instagram: https://www.instagram.com/businessDEPOT Youtube: https://www.youtube.com/@businessDEPOTgroup Follow Us On: Instagram: https://www.instagram.com/thestevehodgson/ https://www.instagram.com/sharewithsteve/ Episode Highlights: 00:00 - Episode Trailer 01:58 - John's Journey and Background 06:27 - The Role of Communication in Business 08:28 - Tips for Struggling Businesses 10:51 - Key Challenges in Today's Business Climate 12:29 - Understanding Break-Even Points 13:43 - Reviewing Business Expenses  17:44 - Mapping Out Your Growth Journey 22:11 - Business Depot's Vision and Services 24:34 - Maintaining Culture Across Different Business Arms 28:36 - The Need for Process Automation in Service Industries 32:55 - Teaching Kids About Wealth and Money 36:45 - Defining Success Over Time 42:25 - Legacy and Impact on Others 44:31 - Steve's Next Horizon

When you listen in to a conversation with a leader of an accounting business with over 100 people, and you hear how seriously they take investment in their team now so that it delivers a return in 12, 18, 24 or even 36 months, it's well worth considering what's being said. So, when Rebecca Mihalic of the Australian firm businessDEPOT talks about taking team members along to client meetings, not as a piece of furniture (to use her language), but as active participants in the meeting, using the tools of the meeting to enable them to contribute in a valuable, meaningful way, you can see how Rebecca is growing her team to deliver a result for her personally. She can cascade client relationship work to others, work that otherwise might not happen. It's a valuable discussion. There's a phrase towards the end of the discussion where Rebecca talks about creating a safe space to fail and a safe space to win as being one of the fundamental concepts that she uses when leading and managing her team. You'll find many helpful insights in this discussion with Rebecca. I hope you'll go to your favourite podcast platform, whether it be iTunes or Spotify or another platform, or join us at humanisethenumbers.online and look for this podcast discussion with Rebecca Milahic. Please scroll down the episode page for this podcast for the contact information for Rebecca and for the additional, downloadable resources mentioned in the podcast.

Director at businessDEPOT and head of accounting at Ignition Rebecca Mihalic joins the SMSF Adviser Show to discuss what the evolving technology landscape means for SMSF professionals. Ms Mihalic explains how AI and automation are changing the way SMSF professionals work, from streamlining processes to making it easier to complete actions, and looks at whether this is a positive development. She also covers how new SMSF technology fits inside your current tech stack and the benefits of taking a holistic view to deliver consistency for clients. Finally, Ms Mihalic highlights how these technological advances are able to help relieve the ongoing resource burden that SMSF professionals (and all accountants) face.

How do you build a competitive advantage? This week I break down John Knights secret to building a competitive advantage, by focusing on... How can you create a competitive advantage for your business? This is a question a lot of business owners ask themselves on a daily basis... Nine years ago, John Knight approached this same challenge, he decided to tackle it from a different angle to most - he decided to build a customer oriented business model. By collaborating with other networks, he was able to build a business model that allows him to maximise his businesses problem solving abilities. This week, I get the chance interview him and try to get into the heart of what makes his business model tick. Here are the highlights of this weeks episode: 06:50 - The genesis of the businessDEPOT business model. 17:28 - How to align interests when you have many subsidiary partners. 21:53 - Inherent challenges in a diverse services business model. 26:06 - How businessDEPOT plans to evolve over the next 10 years 31:53 - Unexpected benefits. 34:04 - How businessDEPOT has tackled workplace flexibility. 39:10 - How to entrench values and behaviours in the organisation. 44:36 - How John expects AI to impact the business ------------------------------------------------------ Watch or listen to full episodes on: • Spotify: https://loom.ly/NuK50WA • Apple: https://loom.ly/-oy8jL4 • YouTube: https://loom.ly/u_vibuw • ScaleHQ website: www.ScaleHQ.com.au/84 Visit our guest: • LinkedIn: https://www.linkedin.com/in/jakknight/?originalSubdomain=au • Website: https://businessdepot.com.au/ #BuildTrust #ProblemSolving #BusinessGrowth

Accounting firms need to focus on their real expenses and review their prices or get left behind by inflation and interest rates rises, says Rebecca Mihalic, a director at eastern seaboard accounting practice BusinessDepot. “We spend a lot of time focused on making sure our clients are still profitable and they're staying solvent – we need to have a look internally,” Ms Mihalic said on this week's Accountants Daily podcast. “Even if you don't bill by the hour anymore, and there's lots of us who don't, you're still probably determining whether or not you're profitable on a client by looking at an hourly rate associated with a timesheet. “I would suggest that hand-in-hand with that you should also be looking at the actual costs that are going on in your business and whether or not those costs are being supported by your pricing. “I could guarantee at the moment – unless you've done huge pricing reviews recently – you're probably losing out and will continue to lose out moving forward.”

Think about it for a minute. Accounting is not boring. Far from it. The Accountants get to see all the juicy stuff! The fails. The partnership blow ups. The cash issues. The incorrectly structured businesses that end up paying too much tax. The list goes on. What they've seen go wrong and the resulting lessons learned can be incredibly instructive for Founders seeking to scale up. What should you do now, to navigate around avoidable pain later? Bradley Conn (Head of Accounting at businessDEPOT) isn't your typical accountant, he's far too interesting to wear that hat. Evidenced by the yellow surfboard on the wall in the background. And this week in less than 50 minutes he imparts his wisdom with you on the key things he sees Founders get wrong, with the benefit of decades of experience and hindsight. Fantastic insights and stories from Brad that will have you thinking deeply about whether you've had the right conversations with your business partner, your accountant, and yourself to avoid all the future pain you possibly can. Here's What We Cover…. 01:53 – The businessDEPOT Business Model 05:49 – From Surgeons to Cattle Station Owners 09:54 – One Hundred Thousand for Restructuring Due to the Wrong Structure 12:44 – What was the opportunity cost on top of the restructuring cost? 13:42 – When would have been the right time to get that structure right? 15:52 – Having a Decent Financial Plan and Cashflow Forecasting 19:44 – What's the ideal length to do your cashflow planning for? 23:00 – Start with Worst Case Scenario 24:30 – What Purpose Did You Build the Business for at Inception? 27:40 – An Owner Who Lost His Mojo 28:46 – Evaluating What Gives, and Takes Away Your Energy as a Founder 30:12 – Spend Your Time on the Things That Create the Most Value 33:28 – Don't Get Your Receptionist to be Your CMO and CFO 36:05 – Paring Less Experienced Resources with External Experts and Mentors 40:02 – Shareholders Agreements – What Conversation to Have and When 44:26 – Google It – But Then Mediate It If Needed 46:09 – The 6P's and Why Planning Is Important 48:04 – Acknowledgement 49:29 - How to follow what Brad's doing ------------------------------------------------------ IF YOU GOT VALUE FROM TODAY'S EPISODE, PLEASE REMEMBER TO: 1. Rate and review us on Apple Podcasts 2. Register to be the first to know when new episodes drop and free tools are published at www.scaleupspodcast.com, or 3. Drop us a question about scaling using Speakpipe on the website, or email questions@scaleupspodcast.com.

Australian Accounting Awards 2021 Thought Leader of the Year Rebecca Mihalic has had her fair share of challenges as a female in the profession. But she hasn't let that slow her down and has instead harnessed her experience to shine a spotlight on a range of gender-equality issues to help pave a better way for the next generation. The businessDEPOT director, founding partner of Aptus Accounting & Advisory, and head of accounting at Practice Ignition also shares her passion for raising awareness on mental health issues, and her focus on cash flow protection for accountants and their firms. Rebecca also gives host Jotham Lian some of her predictions for the financial year ahead as Australia continues to battle through COVID-19 lockdowns.

It’s been over a year since we first entered lockdown, yet accountants are still reeling from the additional workload heaped upon the profession. In this episode of Accountants Daily Insider, businessDEPOT founder and managing director John Knight joins host Jotham Lian to look at the ongoing issues facing the profession, including staff burnout, talent shortage and impending deadlines. John also shares some tips to improve firm culture after a year of working from home and his advice to fellow practitioners as they head into the busy tax season.

From the traditional trajectory of starting cadetship in an Accounting firm close to his hometown to becoming a partner at an early age of 30 then founding and directing his own fast growing national practice with a very unique model. We catch up with John Knight, Founder and Director of BusinessDepot to discuss: His Advice for young accountants on the fastest path to partnership Views on Commerce vs Practice MBTI profiling of accountants, EQ vs IQ and how to manage different personalities in a firm through self awareness. Recruitment process that's been refined over 7 years and the importance of developing your employer brand. Pros and Cons of Pooling vs Pod team structures How to know when it's time to move on from a Partnership Benefits of a multi disciplinary model - digital marketing, legal, accounting What does leadership mean and importance of living the values of the business on a daily basis. Most effective marketing tactics to grow brand awareness and attract clients Growth Plans and tactics to stay focused and avoid burnout Fragmentation, licensing arrangement and the future of the profession Profile John Knight is a seasoned accountant and business owner who became a Partner back in 2004 and has been in the accounting industry for more than 20 years. His experience and expertise in broader business strategy provides for a unique perspective and strategic planning skills to help his client improve their position. His objective – to empower small to medium businesses, and the people behind them to reach their potential. John is an expert in a broad range of things and has built a reputation for being more than just an accountant. Some quick facts: Winner of Xero Accounting Partner of the Year 2017, Xero Platinum Partner 2017, Australian Accounting Awards Diversified Firm of the Year 2017, Cool Company Award Winner 2015, and Finalist Brisbane Young Entrepreneur Awards for the year 2014 and 2015 Nominated as Executive of the Year in 2016 Has a background in business valuation and is well known within the real estate industry. Show Notes Purple cow Infinite Game Peaky Blinders Contact Info You can find out more about John Knight and his firm BusinessDepot from their website: www.businessdepot.com.au To find out more about RecruitmentExpert please go to www.recruitmentexpert.com.au or email Michael Edelstein: michael@recruitmentexpert.com.au

Today I’m speaking with John Knight, Founder and MD of businessDepot In this episode, we talk about . . . The importance of taking the human approach to business A Collective referrals network The growth in micro and sole practitioners and how businessDepot is positioning itself to support them Correcting Entrepreneurs burnout and The Mongolian Glow Caring for Clients through Collaboration, Co-operation, Conversations, a Collective initiative, and Community The importance of Branding and the Marketing Washing machine Subscribe to the Accounting Apps newsletter here http:// HeatherSmithAU.COM

The halfway mark of the government's COVID-19 stimulus measures is approaching and the conversation is beginning to shift towards how businesses can best position themselves to recover from the current crisis. In this episode of Accountants Daily Insider, host Jotham Lian is joined by the managing director of businessDEPOT, John Knight, to talk about how his firm's virtual Rebound event came about and the key themes that have been discussed in these webinars. John reveals the number one priority for businesses to be working on right now, discusses how the potential changes to the JobKeeper program will affect small businesses, and shares his advice to fellow colleagues in the industry as we head into tax time 2020.

In Rebecca Mihalic's experience, women in the accounting profession can often face gender bias, whether it be in the form of unintentionally discriminatory language or an underrepresentation of females in leadership roles. In the lead-up to International Women's Day this Sunday, 8 March, the businessDEPOT director, founding partner of Aptus Accounting & Advisory, and head of accounting at Practice Ignition, joins host Jotham Lian to reflect on the gender-specific challenges she's faced throughout her 20-year accounting career. Rebecca explains how the repetitive nature of certain behaviour made her feel inadequate as a young accountant, shares what helped rebuild her confidence, and provides advice for other young professionals in the accounting space.

In this episode I talk with Jacob Aldridge from businessDEPOT about how he is helping small business owners to identify and develop products from their IP.Over the past 12 years, more than 300 active growth businesses in Australia, the UK, and Asia-Pacific have worked with Jacob in his role as an international Business Coach, Partner and Advisor.As Director of Advisory at businessDEPOT, Jacob is working one-on-one with SME businesses and directors, while also leading the development of the Strategic Advisory services across Workshops, Group Programs, and Online business guidance.In this episode we cover:How professional service-based business can use technology to convert time and their knowledge into tools and products to grow and scale their offerings.The time for money trap business owners fall into.How Brandonian has used their owner's IP as a way to train up their staff and develop a diagnostic tool as pre-qualifying lead generator.Recognizing how valuable your knowledge and expertise is as IP that can be used to grow and scale your business.The process of creating and documenting your IP.How Business Depot's new niche Real Estate Principal business coaching product Real Reach came about and the challenges faced in launching a collaborative based online training program.The importance of ensuring there is a market for your product before create anything.Why getting an external perspective is so important when trying to identify and monetise your IP.The process of Blackboard Fridays, Business Depot's weekly content marketing activity and how they repurpose that content across multiple platforms.Links mentioned in the podcastBusiness DepotTyson Cobb interviewBlackboard FridaysBrandonian

Today we are joined by Tyson Cobb from businessDEPOT. He is a B2B marketer, inbound marketing specialist, content marketing enthusiast, and Head of Marketing at businessDEPOT.He has spent the last 9 years in marketing and advertising, and has helped implement brand awareness and product marketing initiatives for many Australian companies, most notably BOQ, Instant Scratch-Its, Microsoft, Network Ten and Ubisoft Games. Tys now specialises in Inbound Methodologies and digital marketing in the B2B space.As Head of Marketing at businessDEPOT, Tys develops digital & content driven experiences for the business, increasing brand awareness, lead generation and client retention and advocacy. In this episode we coverHow the collective at Business Depot uses How they use their video marketing tactic ‘Blackboard Friday’ to educate and build trust with their audience.Content marketing is a slow burnUsing call to actions in their content marketingIncreasing your marketing productivity through batchingBuilding top-of-mind awareness through content marketing and eventsCreating a marketing ecosystem through eventsThe importance of showcasing your brand through your eventsImportance of education and entertainmentPaid versus free eventsUsing live events as your sales funnelThe need to be strategic and consistent with your eventsThe role a good CRM and a segmented database in B2B marketingWhy the business owners and staff need to be in attendance at your live eventsWhy you need to have a business development mindset with your event marketingLinks mentioned in the podcastbusinessDEPOTMarketing Crunch PodcastMonetising Knowledge Podcast Facebook GroupCours9Loyalest Webinar

In today's episode my guest is a B2B marketer here in Brisbane, Australia. He’s an inbound marketing specialist, content marketing enthusiast, and Head of Marketing at businessDEPOT where he develops digital & content driven experiences for the business, increasing brand awareness, lead generation and client retention and advocacy. He is Tyson Cobb. He’s the go-to guy for professional service firm marketing as well as the host of the Marketing Crunch Podcast… [ctt title=" Consumers now have the power to make decisions with their smartphone - the power is in their pants @tyscobb" tweet=" Consumers now have the power to make decisions with their smartphone - the power is in their pants @tyscobb http://engagevideomarketing.com/episode14" coverup="1v9pQ"] In this episode Tys' views on the changing landscape of professional service firm marketing He talks about ‘the power in your pants’… and what this means for professional service marketing Tips for being consistent with storytelling across your brand How we need to be approaching inbound marketing to really cut through in a crowded and noisy marketplace Links in this Episode The Marketing Crunch Podcast Twitter.com/TysCobb Linkedin.com/in/tysonacobb/ marketingcrunchpodcast.com.au businessdepot.com.au Support this podcast

In this episode of Telltale, four Brisbane social media experts delve into the organic versus paid social media landscape. Tyson Cobb of http://businessdepot.com.au/ (BusinessDEPOT), http://www.florentlemens.com/ (Florent Le Mens) of CQUniversity, Nicole Jensen of https://nicolejensen.com/ (Nicole Jensen Social Media) and http://thecontentdivision.com.au/about-us (Brittanie Dreghorn) of The Content Division wax lyrical on the "death"of organic engagement on social media, how to best use your budget on targeted social media ads, what you should never spend your money on in social media land and much more.

In this week's episode of the Telltale podcast, the co-founder and managing director of http://businessdepot.com.au/ (BusinessDEPOT), John Knight, discusses how his firm has put adding value and helping customers at the centre of everything they do, and how it has sprouted a business that was named Diversified Firm of the Year at the 2017 Australian Accounting Awards. Diversified is an appropriate term for BusinessDEPOT. The company, based in Brisbane's Fortitude Valley, has a pretty damn funky co-working space and a business collective that provides support and inspires entrepreneurs to think differently about business. It also has an incredible brand story and content marketing strategy that traverses the digital and physical world.

In this episode, Tys will be talking with the very first guest on the podcast. John Knight, Founder and Managing Director of businessDEPOT joins the Marketing Crunch Podcast to talk about how he embedded marketing deep within the business from day one, and how being different and offering valuable insights to his audience has enabled… The post 2: Why embedding marketing deep within the business is key to achieving fast growth appeared first on Marketing Crunch Podcast.