A Lawyer and Financial Advisor Walk into a bar

Are you struggling to make your way into the property market and unsure if owning a home is possible for you? Is buying a home the be-all and end-all? What other favourable options are there if it isn't for you?Join Alex and Dave as they discuss the challenges of the current property market, pro’s and con’s of buying vs renting, possible alternate routes to get into the market, and factors that influence and impact an individual's decision to buy or rent long-term.As always, it is always incredibly important to seek appropriate financial advice for your individual circumstances.Tune in today!#renting #bying #property #podcast #lawyer #financialadvisor #melbourneDavid Murdoch is a Wealth Activist® at paxtonbridge.com. Alex Martin is Partner of tauruslawyers.com.au. No drinks were harmed in the making of this episode.

Do you know your rights and obligations under consumer law?As a business owner, it is important to know your obligations when selling goods and services.  Individuals should also be aware of their rights as consumers. Join Alex and Dave they delve into consumer law, in particular what does/doesn’t fall under consumer law, examples of the warranties which apply, the obligations of business owners selling goods and services and the rights consumers have.#consumerlaw #WealthActivism #legal #podcast #melbourne #business #businessowner #consumerDavid Murdoch is a Wealth Activist® at paxtonbridge.com. Alex Martin is Partner of tauruslawyers.com.au. No drinks were harmed in the making of this episode.

Should I set up a self-managed super fund?The question is – what is the purpose? Why do you want to do it? Is it appropriate for your circumstances?Alex and Dave are back for 2024 and in this episode they discuss examples of when it is appropriate to set up a self-managed super fund, how self-managed super funds work and what is actually involved, and the obligations and potential implications that you should consider before taking the leap.#WealthActivism #legal #podcast #melbourne #smsf #businessDavid Murdoch is a Wealth Activist® at paxtonbridge.com. Alex Martin is Partner of tauruslawyers.com.au. No drinks were harmed in the making of this episode.

There is a common misconception that financial advice is only for the ultra-wealthy, and often this comes from people not truly understanding the nature of financial advice and what it involves.  Lending, risk assessment, retirement planning, estate planning, investment advice, tax minimisation strategies…it’s a lot broader than most people think.  The value that individuals, couples, family groups and business owners receive comes in many forms, but ultimately it’s the opportunities it can provide from having an expert assess and review your values, goals and financial circumstances.It’s a often a case of you don’t know what you don’t know!Join Alex and Dave as they discuss the advice process and the benefits that seeking expert advice can achieve. #financialadvice #legal #WealthActivism #podcast #melbourneDavid Murdoch is a Wealth Activist® at paxtonbridge.com. Alex Martin is Partner of tauruslawyers.com.au. No drinks were harmed in the making of this episode.

At what point does an incident at work require an investigation?  And as a business owner, what are your obligations?When a situation arises at work, whether it be in the physical working environment, online or even at a work related event, there needs to be a process so that all parties involved are treated fairly and that the resolution is appropriate and accepted by all.In this episode, Alex and Dave talk through the process of workplace investigations – who should conduct the investigation, how to determine the truth and who to turn to for help if you need it.  It’s one of those uncomfortable jobs as a manager or business owner, but one thing is for sure…inaction is not the answer. #legal #WealthActivism #workplace #businessowner #melbourneDavid Murdoch is a Wealth Activist® at paxtonbridge.com. Alex Martin is Partner of tauruslawyers.com.au. No drinks were harmed in the making of this episode.

How does your business handle conflict?We are all wired differently, and therefore conflicts and disputes will inevitably arise.  Whether it’s between employees, business partners or with suppliers, knowing what to do when conflict arises is key in resolving the situation with an outcome that’s best for everyone.Join Alex and Dave in this latest episode as they discuss how your business can implement an effective dispute resolution process using documentation and policies that can be used consistently across all situations.   #legal #WealthActivism #podcast #conflictresolution #melbourneDavid Murdoch is a Wealth Activist® at paxtonbridge.com. Alex Martin is Partner of tauruslawyers.com.au. No drinks were harmed in the making of this episode.

Are you a big picture person or someone who dwells on the detail?  An introvert or extrovert?  Process driven by what has worked in the past or an up and coming enthusiast ready to rock the boat?!Whether it’s choosing a business partner, employee or even a client, understanding different personality types is essential to the future success of that relationship.  By using and understanding the science and psychology that sits behind the modelling that has been done in this area, you can make the best decision possible with regards to compatibility.Join Alex and Dave as they discuss the various profiling models, personality types and what can go wrong if you don’t think through the decision of who to partner with in business. #WealthActivism #legal # businessowner #business #podcast #melbourneDavid Murdoch is a Wealth Activist® at paxtonbridge.com. Alex Martin is Partner of tauruslawyers.com.au. No drinks were harmed in the making of this episode.

Love it or loathe it, working from home has been a hot topic since the pandemic hit, and it appears employers and employees alike are split on their preferences.Whilst it doesn’t affect all businesses, it can be quite challenging for business owners who were forced to conduct their businesses remotely during the pandemic and now want their employees back onsite.  So what’s the solution?  It often depends on the type of business and its ongoing operational requirements, as well as the needs of the employees which can differ from person to person. In this episode, Alex and Dave talk through the various options available for employers, including their rights and potential changes to enterprise bargaining agreements.#WealthActivism #legal #workingfromhome #businessowner #business #podcast #melbourneDavid Murdoch is a Wealth Activist® at paxtonbridge.com. Alex Martin is Partner of tauruslawyers.com.au. No drinks were harmed in the making of this episode.

What do you do if you have an employee who’s not performing as well as they should be?  Or even worse still, an employee whose behaviour is affecting the culture of your business?In this episode, Alex and Dave talk about managing difficult employees.  As a business owner, what can you do and what laws are you restricted by?  Should you make the employee redundant or would going down that path be breaking the law?It’s a difficult position that many business owners find themselves in, and sometimes the options available are unclear so no action is taken.  The problem with inaction though, is the possibility of losing the employees that you value.Tune in today! #WealthActivism #legal #financialadvice #businessowner #podcast #melbourneDavid Murdoch is a Wealth Activist® at paxtonbridge.com. Alex Martin is Partner of tauruslawyers.com.au. No drinks were harmed in the making of this episode.

As a business owner, how often do you take a break?  Taking time away from the day to day operations of your business can be difficult, so when you do take a break, how do you completely switch off?  Or are you guilty of checking emails and “just making a couple of calls” whilst you’re away?It’s a trap that many fall into, but the reality is unless you switch off completely, you’re not likely to be getting the full benefit of your break.In this episode, Alex and Dave talk through the difference between time off and switching off, the mental health benefits of taking a break as well as finding what your passion is so that your brain has something else to focus on instead of the business.Tune in today!#WealthActivism #legal # Melbourne #podcast #takeabreak #businessownerDavid Murdoch is a Wealth Activist® at paxtonbridge.com. Alex Martin is Partner of tauruslawyers.com.au. No drinks were harmed in the making of this episode.

Picture this:  you send an invoice to your client for the goods/services your business has provided…and then nothing.  The due date for the invoice has passed, follow up emails or phone calls have been made, but still no payment.It’s a common scenario for many business owners – for one reason or another, customers are sometimes unable to pay their account.  It can be a difficult situation, especially if you’ve had a good relationship with them over the years.   So, what can you do?In this episode, Alex and Dave talk through the legal options for debt recovery, the documentation and credit assessments that can help before commencing trade, personal guarantees and more. #WealthActivism #legal #businessowner #debtrecovery #podcast #melbourneDavid Murdoch is a Wealth Activist® at paxtonbridge.com. Alex Martin is Partner of tauruslawyers.com.au. No drinks were harmed in the making of this episode.

Succession planning in family business is a topic often avoided by business owners, especially if you are the founder or the generation that has been involved in creating significant growth.  It’s hard to imagine not being at the helm!  But the reality is that whilst you may love your job and the business you have created, the time will come where you need to step aside and let the next generation make their mark. And, it is incredibly important to be prepared.In this episode, Alex and Dave discuss how rethinking the approach by looking at succession planning as an opportunity can help the transition for older and younger generations. #successionplanning #legal #WealthActivism #familybusiness #melbourne #businessowners #podcastDavid Murdoch is a Wealth Activist® at paxtonbridge.com. Alex Martin is Partner of tauruslawyers.com.au. No drinks were harmed in the making of this episode.

IT is a crucial part of any business, both from an operational perspective and for long term success, but it’s often placed in the “too hard basket”…until something breaks.In this week’s episode, Alex and Dave are joined by tech expert Sebastian Maciejewski from SSDL who provide managed IT services, Cloud services and other IT support to businesses.  Sebastian talks through the need to be proactive with you technology…which can be difficult given how rapidly technology changes these days!Tune in to learn more about the types of tech business owners are using in 2023 and the role that an IT provider can play in helping your business, and staff, work more efficiently.More information about Sebastian and SSDL can be found here: https://ssdl.com.au/ SSDL's Company LinkedIn can be found here: https://www.linkedin.com/company/ssdl/David Murdoch is a Wealth Activist® at paxtonbridge.com. Alex Martin is Partner of tauruslawyers.com.au. No drinks were harmed in the making of this episode.

As a business owner with an operating business that generates a lot of cash, you might have considered property development.  It’s natural to do so as property has historically been a great investment option in Australia. In saying that, there are many factors that need to be considered before you dive in.In this episode, Alex and Dave are joined by property law specialist and Partner at Taurus Legal Management, Ian Bracken.  Ian has a vast experience in property law both in Australia and in Dubai and talks through the risks of property development that business owners should be aware of, as well as the role that experience and good advisors play in sound decision making.  Sometimes you just don’t know what you don’t know, and having a team of experts supporting you will make the journey less challenging. #business #legal #WealthActivism #financialadvice #property #podcast #melbourneDavid Murdoch is a Wealth Activist® at paxtonbridge.com. Alex Martin is Partner of tauruslawyers.com.au. No drinks were harmed in the making of this episode.

When you’re deep in the everyday grind of running your own business, it is often hard to find time for some long term planning…particularly succession planning.  For many business owners, it is something they put off because they cannot imagine life without the business they have  grown and found success in.But wouldn't you prefer to control the direction in which you and your business are heading, instead of finding yourself in a situation where the choice of when and how you step away is taken from you?In this episode, Alex and Dave talk about succession planning for business owners; the significance of it, and how it’s best viewed as a transitional process, evolving over a long period of time, to ensure the most effective outcome.  Start by asking yourself:  What do you want your life to look like outside of your business? Tune in to this podcast for the options available and steps that need to be taken along the way.#legal #businessowner #WealthActivism #podcast #melbourne #succession planningDavid Murdoch is a Wealth Activist® at paxtonbridge.com. Alex Martin is Partner of tauruslawyers.com.au. No drinks were harmed in the making of this episode.

You might have come across the term “B Corp” before, but many business owners don’t know exactly what it means or entails. In this episode, Alex and Dave are joined by Fotini Kypraios, founder of Prisma Legal and inaugural Chair of the B Council, to discuss this internationally recognised accreditation.  An interesting discussion about the certification process and the areas of business that are reviewed, as well as the benefits and impact of being a B Corp organisation. #business #legal #WealthActivism #financialadvice #negotiation #mediation #podcast #melbourneDavid Murdoch is a Wealth Activist® at paxtonbridge.com. Alex Martin is Partner of tauruslawyers.com.au. No drinks were harmed in the making of this episode.

Negotiation is common practice for business owners and managers, but also for people in general.  Differences of opinion and misinterpretation are part of every day life.  So what makes a good negotiator?  For some people it’s natural, but others struggle to have these challenging conversations - being able to negotiate effectively is not always a skill taught at home or school, or through higher education. In this episode, Alex and Dave are joined by award winning negotiation expert Nicole Davidson to discuss the art (or is it science?) of negotiation, the skills required and the common mistakes made by people when they are trying to resolve a dispute through mediation. #business #legal #WealthActivism #financialadvice #negotiation #mediation #podcast #melbourneNicole Davidson can be found here:Website - https://www.nicoledavidsonnegotiation.com.au/LinkedIn - https://www.linkedin.com/in/nicole-davidson-negotiation/Podcast – Negotiation in Real Life - https://open.spotify.com/show/56VSd7UBtz6aC7Y5bU1iRX?si=665a4e7865874389Book – Negotiation from A to Z: 26 Tips to improve every negotiation - https://www.amazon.com.au/gp/product/B0BYYVVM3K/ref=dbs_a_def_rwt_hsch_vapi_tkin_p1_i0David Murdoch is a Wealth Activist® at paxtonbridge.com. Alex Martin is Partner of tauruslawyers.com.au. No drinks were harmed in the making of this episode.

Most people have heard of estate planning, but do you know the documents required for both individuals and business owners, as well as their purpose?  Wills, Powers of Attorney, Shareholder Agreements…it’s important to understand the distinction between the documents that look after your personal estate as opposed to those that deal with your business assets.  By having an estate plan that provides the right documentation, your personal circumstances and any complexities can be considered. In this episode, Alex and Dave talk through the different types of estate planning documentation, how and why they are used and the importance of engaging the right legal and financial advisors for your individual or family situation. #business #legal #WealthActivism #financialadvice #businesssuccess #podcast #melbourneDavid Murdoch is a Wealth Activist® at paxtonbridge.com. Alex Martin is Partner of tauruslawyers.com.au. No drinks were harmed in the making of this episode.

“The Great Resignation” has been a hot topic over the last year, and many business owners are feeling the impact of a tight labour market.  So how do you protect your business when an employee resigns?  Especially if they move to a competitor. The reality is that people leave businesses for various reasons – more money, better benefits, possibly a better geographical location – so it’s important to know you’re rights as an employer to protect your intellectual property, your client relationships and the future revenue/sales for your business. In this episode, Alex and Dave discuss the legal and practical ways that business owners can ensure minimal impact when an employee moves on.  Tune in for their thoughts on everything from employment agreements to virtual control mechanisms to physical property.David Murdoch is a Wealth Activist® at paxtonbridge.com. Alex Martin is Partner of tauruslawyers.com.au. No drinks were harmed in the making of this episode.

It’s a topic that has had its fair share of headlines over the years, but did you know that employee fraud is the second biggest cause of financial loss for businesses?  That’s a lot more common than perhaps first thought!  In this episode, Alex and Dave talk through the various types of employee fraud, the traits of a fraudster and most importantly, what you can do to protect your business.#business #legal #WealthActivism #financialadvice #businesssuccess #podcast #melbourne David Murdoch is a Wealth Activist® at paxtonbridge.com. Alex Martin is Partner of tauruslawyers.com.au. No drinks were harmed in the making of this episode.