Joanna Oakey from Aspect Legal brings her decades of experience in law and in business to help provide smart legal tips for business owners and managers. Learn how you can avoid legal landmines that affect businesses in the areas of trademark, brand protection, intellectual property, contract law, employment law, dispute resolution and litigation.
[EP 148] Manufacturing in China? What Actually Protects You If Something Goes Wrong
Dr. Michael Filosi removed himself from his own dental practice, eliminated key person dependency, and sold to private equity in 81 days flat. Here's exactly how he did it.
10 Oct 2024
[EP 147] How Business Systems Can Drive Scalability, Stability, and Saleability
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How can the integration of legal and organisational systems help in achieving business scalability and stability (and ultimately saleability)?
In this episode, we talk with David Jenyns, author of SYSTEMology and systems guru. Together Dave and host, Joanna Oakey, explore the powerful intersection between legal frameworks and business systems and how well-designed processes can set the foundation for a scalable business. They also dig into some of their top strategies for implementing systems and starting points for building a systems culture.
Here are 3 key takeaways:
The Importance of Systems Across Every Business Function: When one subsystem fails, it impacts the overall business health.
Effective Systemisation: It is critical to map out the journey of delivering systems without creating key person dependency. This not only improves efficiency but also sets the stage for scaling.
Tips for Creating a Systems Culture and Getting Started: Systems are not just about creation but adherence. Incorporating systems into your culture - from recruitment and onboarding onwards ensures that new team members align with this culture from day one.
Dave shared incredible real-life stories of businesses that transformed by adopting a systems-driven approach—and, as you’ll hear, the results were nothing short of phenomenal.
Tune in now! Discover how systems can help you avoid legal landmines and create lasting business value as you grow (and when you eventually exit).
ABOUT OUR GUEST
David Jenyns is the author of SYSTEMology and the ultimate systems guru.
David’s entrepreneurial journey began in his early twenties when he sold Australia’s most beloved sporting venue, the Melbourne Cricket Ground. Since then, his business experience has spanned franchising retail clothing stores to founding one of Australia’s most trusted digital agencies, Melbourne SEO Services.
In 2016, he successfully systemised himself out of that business, hired a CEO, and stepped back from daily operations. Through this process, he became a systems devotee, founding SYSTEMology.
Today, his mission is to free all business owners worldwide from the daily operations of running their businesses.
Jenyns spends most of his time supporting the growing community of certified SYSTEMologists as they help business owners implement SYSTEMology across the globe. He also delivers workshops, and keynote addresses and hosts his own popular podcast – Business Processes Simplified (https://www.systemhub.com/podcast/).
* Speak to a lawyer about an issue you are facing now (https://www.aspectlegal.com.au/book-lawyer-now/)
* Leave us a message with a legal issue that you want us to cover on the podcast (https://www.speakpipe.com/talkinglaw)
Episode Highlights:
00:00 Systems add value to businesses at exit.
* 03:04 Business value lies in owner's knowledge transfer.
* 07:19 Business success hinges on team and systems.
* 10:03 Establishing consistent processes and standards for efficiency.
* 13:58 Identifying key systems for marketing success.
* 18:30 Book Systemology addresses key questions for business owners.
27 Feb 2024
[EP 146] Championing Small Business in Policy Making: Insights from Alexi Boyd
Welcome back to Talking Law - and for our first release of 2024, Joanna Oakey is joined by Alexi Boyd, Lead Consultant, Policy Strategist & Radio Show Host @ Small Biz Matters and former CEO of Council of Small Business Organisation Australia (COSBOA). Alexi is an absolute powerhouse behind small business advocacy in Australia.
This conversation is full of insights about the critical importance of advocacy in the small business sector and the impact advisors can have in it - as well as a journey through the processes of policy-making and its direct impact on the day-to-day operations of Australian small businesses.
This episode is not just small talk; it's a call to action for every business owner and advisor who's felt overshadowed by the daunting world of regulations and policies - and the advisors they turn to in these moments.
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