• #003 - BEST Practices for New Management Rights! 🤔🤝

  • Jul 31 2024
  • Length: 35 mins
  • Podcast

#003 - BEST Practices for New Management Rights! 🤔🤝

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  • Summary

  • Join Frank and Trudy on Checked In with Resort Brokers as they delve into the world of Australian accommodation industry. In this episode, they are joined by Georgina Bishop, a seasoned professional who recently sold her management rights in Newstead. Georgina shares her insights and experiences from managing her business for 13 years as a single mom. Tune in for expert predictions, market trends, and personal stories that make up the fabric of the accommodation industry.

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    Timestamps:

    00:00:00 - Introduction

    00:05:17 - Flexibility and Work-Life Balance in Management Rights

    00:06:14 - Importance of Processes and Tools

    00:13:24 - Adding Another Property: Lush

    00:16:27 - Changes in Body Corporate Dynamics

    00:20:19 - Visibility and Availability in the Complex

    00:24:28 - Importance of Pre-Planning for Business Transfer

    00:32:47 - Challenges and Realities of the Industry
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Management Economics Personal Finance
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