The 5 M's: A Framework for Growing Your Side Business with Shandra Moran

1 July Fair Work Updates Overview for Small Business Owners

Join the waitlist for The Australian Small Business Show Club by clicking here. [https://www.theaustraliansmallbusinessshow.com.au/] If you're wondering what Fair Work changes are coming from 1 July and how they will impact your Australian small business, this episode is for you. Hello and welcome to this week's episode of The Australian Small Business Show. In this episode we discuss the key Fair Work and workplace compliance updates that Australian small business owners need to be aware of as the new financial year approaches. With changes to minimum wages, Modern Award rates, superannuation obligations and parental leave provisions, now is the time to ensure your business is prepared and compliant. We unpack the Fair Work Commission's latest decision to increase the National Minimum Wage and Modern Award minimum rates, and what those changes mean for employers across Australia. We also explore the broader impact these increases may have on staffing costs, employee expectations around pay rises, and the importance of reviewing your pricing strategy to account for rising employment costs. If you've been asking yourself, "What do I need to do before 1 July to stay compliant with Australian employment law and the Fair Work Act?" this episode provides a practical overview of the key actions to take now. We also discuss the move to Payday Super, changes to the government-funded Parental Leave Pay Scheme, and some of the workplace law myths and scare campaigns currently circulating in the market. As discussed in the episode, a free annual compliance webinar will be held to help employers understand the changes and prepare their businesses for the new financial year. This is an excellent opportunity for Australian small business owners to stay informed and reduce compliance risks. Key Takeaways: * Modern Award minimum rates of pay will increase by 4.75% from 1 July. * The National Minimum Wage will increase to $26.44 per hour or $1,004.90 per week. * Payday Super is being introduced, requiring superannuation contributions to be paid much more frequently and within strict timeframes. * The Parental Leave Pay Scheme is expanding to 130 days (26 weeks) for eligible parents. * Rising employment costs should prompt business owners to review budgets, cash flow forecasts and pricing strategies. * Not every workplace law change being advertised is actually new, making it important to seek accurate advice and information. Connect with Us: If you're an Australian Small Business Owner, we'd love to connect with you on socials. You can give our Facebook Page a like here: https://www.facebook.com/theaustraliansmallbusinessshow [https://www.facebook.com/theaustraliansmallbusinessshow] Or follow us on Instagram here: https://www.instagram.com/aussmallbizshow/ [https://www.instagram.com/aussmallbizshow/] Subscribe to The Australian Small Business Show newsletter by visiting our website here: https://www.theaustraliansmallbusinessshow.com.au/ [https://www.theaustraliansmallbusinessshow.com.au/] Disclaimer: The information shared on The Australian Small Business Show is general in nature and does not constitute professional advice, legal or otherwise. We recommend consulting with your advisors on your specific circumstances.

The 5 M's: A Framework for Growing Your Side Business with Shandra Moran

Join the waitlist for The Australian Small Business Show Club by clicking here. [https://www.theaustraliansmallbusinessshow.com.au/] If you’ve ever wondered how to grow a service-based side business without burning out, getting stuck in perfectionism, or feeling overwhelmed by marketing and money, this episode is for you. Hello and welcome to this week's episode of The Australian Small Business Show. In this episode we welcome back returning guest Shandra Moran from The Transit Lounge to unpack the five pillars she believes every Australian small business owner needs to build a sustainable and successful service-based business. Drawing on more than a decade of business experience, we explore the common mistakes side business owners make, the steep learning curve of entrepreneurship, and why sustainable growth requires more than simply having a great idea. We dive into the five M’s framework: Method, Marketing, Money, Mindset and Momentum. We discuss why systems and processes matter, why marketing needs to be a deliberate strategy rather than a “hope” strategy, and why understanding your numbers is essential for long-term success in Australian small business. We also explore the emotional relationship many business owners have with money, why pricing can feel uncomfortable, and how mindset can either accelerate or handbrake your growth. If you’ve been asking yourself how to stop overthinking and finally launch your business idea, this episode will give you practical insight into moving past perfectionism and building momentum. We also discuss resilience in business, dealing with disappointment when launches don’t go to plan, and why measuring results and tracking data helps business owners make more informed decisions instead of reacting emotionally. About Shandra Moran: Our guest for this episode is Shandra Moran, founder of The Transit Lounge. Shandra works with women who have service-based side businesses and helps them transition those businesses into sustainable long-term ventures through coaching, workshops and mentoring programs. Before creating the Transit Lounge, Shandra had an eclectic career as… • A national multi-award winning Promotions & Marketing Director in the dynamic Radio industry • Talent Manager for the Merrick & Rosso Show on Foxtel • Head of People & Operations at a human performance consultancy – including managing one of the largest organisational culture change programs ever undertaken in Australia She is also a qualified Executive, Business and Results coach, has completed the Mindfulness Based Stress Reduction [MBSR] program, is an accredited international Money Breakthrough Coach, Podcast Host and co author of international best selling book Elevate Your Success [https://thetransitlounge.com/elevate-your-success-book/]. Shandra believes in lifelong learning, applying what I learn and sharing it with others so they can apply it too. I want to help as many people as possible to earn great money doing what they love, without burning out on the way. Shandra wants to help as many people as possible to create that world, by helping them to earn great money, doing what they love, without burning out on the way. If you’d like to connect with Shandra, you can visit her website here: https://thetransitlounge.com/ You can connect with her on LinkedIn here: https://www.linkedin.com/in/shandramoran/ [https://www.linkedin.com/in/shandramoran/] Or on Instagram here: https://www.instagram.com/thetransitlounge [https://www.instagram.com/thetransitlounge] Key Takeaways: * Why the five pillars of sustainable business growth are Method, Marketing, Money, Mindset and Momentum * The importance of having systems and processes in place before scaling your business * Why marketing should be a deliberate lead generation activity, not a passive strategy * How mindset and perfectionism can stop Australian small business owners from launching or growing * Why measuring results and tracking data helps you make better business decisions * The importance of building financial buffers so every launch or promotion doesn’t feel “make or break” * Why resilience and adaptability are essential for long-term small business success Connect with Us: If you're an Australian Small Business Owner, we'd love to connect with you on socials. You can give our Facebook Page a like here: https://www.facebook.com/theaustraliansmallbusinessshow [https://www.facebook.com/theaustraliansmallbusinessshow] Or follow us on Instagram here: https://www.instagram.com/aussmallbizshow/ [https://www.instagram.com/aussmallbizshow/] Subscribe to The Australian Small Business Show newsletter by visiting our website here: https://www.theaustraliansmallbusinessshow.com.au/ [https://www.theaustraliansmallbusinessshow.com.au/] Disclaimer: The information shared on The Australian Small Business Show is general in nature and does not constitute professional advice, legal or otherwise. We recommend consulting with your advisors on your specific circumstances.

Federal Budget Recap (and a bit of a rant)

Join the waitlist for The Australian Small Business Show Club by clicking here. [https://www.theaustraliansmallbusinessshow.com.au/] Hello and welcome to this weeks episode of The Australian Small Business Show! In this episode we’re unpacking the recent Federal Budget and what it could mean for Australian small business owners, both in business and personally. We discuss some of the key announcements that have business owners talking, including the proposed changes to Capital Gains Tax, trust structures, instant asset write-offs and tax loss carry back measures. We also explore how these proposed changes may impact investment strategies, property ownership, entrepreneurship and future business planning. We share our thoughts on how younger Australians are currently entering the property market, why many business owners are concerned about the direction of the budget, and what these changes could mean for business growth and long-term wealth creation. In this episode we also touch on the practical realities facing small businesses right now, including cash flow pressures, superannuation changes coming into effect, and the increasing compliance obligations for accountants, lawyers and other professional service providers. We discuss the upcoming payday super changes, anti-money laundering obligations, and why many businesses should prepare for increasing professional service costs over the next financial year. Importantly, whilst we share our thoughts and opinions on the budget announcements, we also strongly encourage business owners to seek personalised advice from their accountant, financial adviser or legal professional before making any decisions. As always, our goal is to help simplify complex business topics and start important conversations for Australian small business owners. Connect with Us: If you're an Australian Small Business Owner, we'd love to connect with you on socials. You can give our Facebook Page a like here: https://www.facebook.com/theaustraliansmallbusinessshow [https://www.facebook.com/theaustraliansmallbusinessshow] Or follow us on Instagram here: https://www.instagram.com/aussmallbizshow/ [https://www.instagram.com/aussmallbizshow/] Subscribe to The Australian Small Business Show newsletter by visiting our website here: https://www.theaustraliansmallbusinessshow.com.au/ [https://www.theaustraliansmallbusinessshow.com.au/] Disclaimer: The information shared on The Australian Small Business Show is general in nature and does not constitute professional advice, legal or otherwise. We recommend consulting with your advisors on your specific circumstances.

Celebrating 100 Episodes - Why We Built a Club for Australian Small Business Owners

Join the waitlist for The Australian Small Business Show Club by clicking here. [https://www.theaustraliansmallbusinessshow.com.au/] Hello and welcome to this weeks episode of The Australian Small Business Show! Today we’re celebrating a huge milestone with our 100th episode, and we couldn’t think of a better way to mark the occasion than by sharing some very exciting news with you all. In this episode we reflect on the journey to 100 episodes, why we started the podcast in the first place, and the conversations we’ve been having behind the scenes about small business for years. We discuss the importance of practical, actionable advice for business owners, why finding the right support network matters so much, and the realities of running a business when it can sometimes feel isolating and overwhelming. We also officially announce the launch of The Australian Small Business Show Club. We unpack why we decided to create this community, what has been missing from traditional networking groups, and why connection without pressure or forced referrals is so important. We discuss the challenges small business owners face in finding genuine support, the value of surrounding yourself with like-minded business owners, and how we hope the club will become an affordable and supportive space for Australian small business owners to connect, learn and grow together. We also share details about the founding member launch, why we’re intentionally building the club alongside our members, and what you can expect when the doors officially open. If you’d like to join the waitlist and be part of this exciting next chapter, head over to the website and sign up now. We are incredibly grateful to every listener, guest and supporter who has been part of these first 100 episodes, and we can’t wait to share the next 100 with you. Connect with Us: If you're an Australian Small Business Owner, we'd love to connect with you on socials. You can give our Facebook Page a like here: https://www.facebook.com/theaustraliansmallbusinessshow [https://www.facebook.com/theaustraliansmallbusinessshow] Or follow us on Instagram here: https://www.instagram.com/aussmallbizshow/ [https://www.instagram.com/aussmallbizshow/] Subscribe to The Australian Small Business Show newsletter by visiting our website here: https://www.theaustraliansmallbusinessshow.com.au/ [https://www.theaustraliansmallbusinessshow.com.au/] Disclaimer: The information shared on The Australian Small Business Show is general in nature and does not constitute professional advice, legal or otherwise. We recommend consulting with your advisors on your specific circumstances.

Why Small Businesses Need Better Legal Documents than Big Business with Lawyer Tracey Mylecharane

Hello and welcome to this weeks episode of The Australian Small Business Show! In this episode we are joined by special guest Tracey Mylecharane from TM Legal Atelier [https://tmlegalatelier.com.au/] to unpack why small businesses actually need better legal documents than big business. We discuss the common misconception that small businesses can “keep things simple” when it comes to contracts and legal protections, and why that mindset can create enormous risk for business owners. We dive into the real reasons strong legal foundations matter, including protecting your cash flow, avoiding disputes, setting clear expectations with clients, and safeguarding the future of your business. We also discuss why hiring friends or working with people you know can actually increase risk, and how properly drafted agreements can help preserve both the business relationship and the personal relationship. Another key topic we explore is the danger of relying on generic templates or AI generated contracts. In this conversation we unpack why “one size fits all” documents often fail small business owners, the hidden risks of DIY legal documents, and why investing in tailored agreements can save significant time, money and stress down the track. If you’d like to connect with Tracey, you can visit her website here: TM Legal Atelier Website [https://tmlegalatelier.com.au/] or connect with her on Instagram here: TM Legal Atelier Instagram [https://www.instagram.com/tmlegalatelier/] Connect with Us: If you're an Australian Small Business Owner, we'd love to connect with you on socials. You can give our Facebook Page a like here: https://www.facebook.com/theaustraliansmallbusinessshow [https://www.facebook.com/theaustraliansmallbusinessshow] Or follow us on Instagram here: https://www.instagram.com/aussmallbizshow/ [https://www.instagram.com/aussmallbizshow/] Subscribe to The Australian Small Business Show newsletter by visiting our website here: https://www.theaustraliansmallbusinessshow.com.au/ [https://www.theaustraliansmallbusinessshow.com.au/] Disclaimer: The information shared on The Australian Small Business Show is general in nature and does not constitute professional advice, legal or otherwise. We recommend consulting with your advisors on your specific circumstances.