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  • What exactly is the $20k instant-asset write-off? | ft. David Rosenthal | Ep.424
    Nov 19 2024

    In this episode, we break down everything you need to know about Australia's instant asset write-off. Discover how it works, which assets qualify, and why it’s a must-know for small business owners. Whether you're purchasing tools, vehicles, or equipment, this initiative can save you thousands. We also cover common misconceptions and tips to avoid missing out.


    Stay tuned till the end for expert advice on timing your purchases for maximum tax savings.

    Watch the video version of this podcast at https://youtu.be/IL4CYgR12Yw


    Discussion Points:

    00:00 Second part: $20,000 instant asset write-off discussion.

    06:14 What is the most common asset?

    08:01 Temporary equipment budget changes annually until 2025.

    10:54 Selling a written-off car incurs taxable profit.

    13:46 Early tax deduction through financed asset acquisition.

    17:19 Seek advice on timing for asset write-offs.

    Resources:

    • Visit Retinue’s website at www.retinue.com.com.au
    • Get in touch with David at david.rosenthal@retinue.com.au

    Welcome back to The Site Shed Podcast! If you're in the trades and wondering how to integrate AI into your business, Tradie Hub has you covered. Discover innovative ways to reduce labour costs, increase efficiency, and leverage AI for growth. Check out Tradie Hub at tradiehub.net and see how they’re transforming the trade industry with cutting-edge AI solutions!

    Enjoyed the podcast? Take your trade business to the next level by incorporating AI! Don’t get left behind—explore Tradie Hub at tradiehub.net. Discover game-changing AI solutions designed to boost efficiency and growth for trade businesses worldwide. Check it out today!


    Check this out:

    • Guarantee 30 Qualified Project Quotes Over The Next 90 Days! Learn more here: https://tradie.wiki/pod
    • Learn more about the CRM that DOES IT ALL for your trade business! Just click on this link: https://tradiehub.net
    • Join a global community of 6000+ trade professionals https://www.facebook.com/groups/TheSiteShed

    Connect with me on LinkedIn. For more podcast episodes, you can also visit our website.

    Thank you for tuning in!

    If you enjoyed this podcast and this series, please take 5 to leave us a review:

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    22 Min.
  • Is your business structured right? Sole trader vs Business vs Partnership | ft. David Rosenthal | Ep. 423
    Nov 12 2024

    Choosing the right trade-based business structure is crucial for every Aussie trades person aiming to succeed in 2025. In this episode, we cover the ins and outs of starting as a sole trader, partnership, PTY LTD company, or trust. Learn how each structure affects taxes, liability, and the ease of expanding your business. If you're considering starting or restructuring your trade-based business, this guide will equip you with the knowledge to protect your assets and grow your venture effectively.

    Watch the video version of this podcast at https://youtu.be/8CDuj469fMY


    Discussion Points:

    00:00 Simplify content for universal understanding and communication.

    05:58 Easy entry, tax advantages, but unlimited liability.

    07:05 Start with unlimited liability; consider partnership later.

    12:10 Start honest talks early to avoid conflicts.

    13:34 Friends in business risk ruined friendships.

    18:20 Understand taxing implications of company withdrawals.

    20:14 Transitioning to new ABN requires extensive administrative work.

    25:42 Loss treatment differs for business structures.

    28:39 Trust benefits adult beneficiaries with low taxes.

    31:41 Confusing tax savings with cash savings explained.

    33:53 Consider restructuring after 130,000 profit threshold.

    37:07 Separate entities protect assets through strategic division.

    39:22 Understand write-offs to avoid being scammed.


    Resources:

    • Visit Retinue’s website at www.retinue.com.com.au
    • Get in touch with David at david.rosenthal@retinue.com.au

    Welcome back to The Site Shed Podcast! If you're in the trades and wondering how to integrate AI into your business, Tradie Hub has you covered. Discover innovative ways to reduce labour costs, increase efficiency, and leverage AI for growth. Check out Tradie Hub at tradiehub.net and see how they’re transforming the trade industry with cutting-edge AI solutions!

    Don't let your business fall behind—explore the power of AI with Tradie Hub. Visit tradiehub.net to see the innovative AI tools crafted just for tradies. Discover how you can stay ahead and transform your business with cutting-edge technology!

    Enjoyed the podcast? Take your trade business to the next level by incorporating AI! Don’t get left behind—explore Tradie Hub at tradiehub.net. Discover game-changing AI solutions designed to boost efficiency and growth for trade businesses worldwide. Check it out today!


    Check this out:

    • Guarantee 30 Qualified Project Quotes Over The Next 90 Days! Learn more here: https://tradie.wiki/pod
    • Learn more about the CRM that DOES IT ALL for your trade business! Just click on this link: https://tradiehub.net
    • Join a global community of 6000+ trade professionals https://www.facebook.com/groups/TheSiteShed

    Connect with me on LinkedIn. For more podcast episodes, you can also visit our website.

    Thank you for tuning in!

    If you enjoyed this podcast and this series, please take 5 to leave us a review:

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    51 Min.
  • Building a Road Construction Empire | ft. James Rolph | Ep.422
    Oct 29 2024

    Building a successful trade business isn’t easy, but with the right team, passion, and a willingness to learn, you can achieve incredible results! In this episode, James Rolfe, co-CEO of MR Roads, shares his journey from a one-man operation to leading a 45-person team in the competitive asphalt and road construction industry. Learn how they tackled challenges, structured their team, and developed a supportive, winning culture.

    This is a must-watch for inspiration and practical insights!

    Watch the video version of this podcast at https://youtu.be/9WS5wYtisWs

    Discussion Points:

    00:00 – Introduction to James Rolfe
    00:07 – James' journey to starting MR Roads
    01:50 – Merging companies and rebranding
    03:30 – Moving from residential to government projects
    07:20 – Building a sustainable work culture
    12:45 – Challenges in recruiting and retaining skilled staff
    18:00 – Training programs for new team members
    24:40 – Managing scale and responsibilities
    27:15 – Tips for business owners balancing work and family

    Resources:

    • Visit MR Roads’ Website at https://mr-roads.com.au/
    • Get Social: https://www.instagram.com/mr.roadsau/
    • https://www.facebook.com/mikus.rolph.mrroads/
    • https://www.linkedin.com/company/mr-roads/
    • Stay in touch with James at JRolph@mr-roads.com.au

    Welcome back to The Site Shed Podcast! If you're in the trades and wondering how to integrate AI into your business, Tradie Hub has you covered. Discover innovative ways to reduce labour costs, increase efficiency, and leverage AI for growth. Check out Tradie Hub at tradiehub.net and see how they’re transforming the trade industry with cutting-edge AI solutions!

    Don't let your business fall behind—explore the power of AI with Tradie Hub. Visit tradiehub.net to see the innovative AI tools crafted just for tradies. Discover how you can stay ahead and transform your business with cutting-edge technology!

    Enjoyed the podcast? Take your trade business to the next level by incorporating AI! Don’t get left behind—explore Tradie Hub at tradiehub.net. Discover game-changing AI solutions designed to boost efficiency and growth for trade businesses worldwide. Check it out today!


    Check this out:

    • Guarantee 30 Qualified Project Quotes Over The Next 90 Days! Learn more here: https://tradie.wiki/pod
    • Learn more about the CRM that DOES IT ALL for your trade business! Just click on this link: https://tradiehub.net
    • Join a global community of 6000+ trade professionals https://www.facebook.com/groups/TheSiteShed

    Connect with me on LinkedIn. For more podcast episodes, you can also visit our website.

    Thank you for tuning in!

    If you enjoyed this podcast and this series, please take 5 to leave us a review:

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    1 Std. und 8 Min.
  • Breaking Barriers: How Communication Can Revolutionise Your Trade Business | ft. Ron Naussbaum | Ep.421
    Oct 15 2024

    Welcome back to The Site Shed Podcast! If you're in the trades and wondering how to integrate AI into your business, Tradie Hub has you covered. Discover innovative ways to reduce labor costs, increase efficiency, and leverage AI for growth. Check out Tradie Hub at tradiehub.net and see how they’re transforming the trade industry with cutting-edge AI solutions!

    Don't let your business fall behind—explore the power of AI with Tradie Hub. Visit tradiehub.net to see the innovative AI tools crafted just for tradies. Discover how you can stay ahead and transform your business with cutting-edge technology!

    Enjoyed the podcast? Take your trade business to the next level by incorporating AI! Don’t get left behind—explore Tradie Hub at tradiehub.net. Discover game-changing AI solutions designed to boost efficiency and growth for trade businesses worldwide. Check it out today!


    Check this out:

    • Guarantee 30 Qualified Project Quotes Over The Next 90 Days! Learn more here: https://tradie.wiki/pod
    • Learn more about the CRM that DOES IT ALL for your trade business! Just click on this link: https://tradiehub.net
    • Join a global community of 6000+ trade professionals https://www.facebook.com/groups/TheSiteShed

    Connect with me on LinkedIn. For more podcast episodes, you can also visit our website.

    Thank you for tuning in!

    If you enjoyed this podcast and this series, please take 5 to leave us a review:

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    44 Min.
  • Unlocking the Restoration Millionaire Method | ft. Alex Duta | Ep.420
    Oct 8 2024

    Are you looking to grow your restoration business but facing challenges along the way? Learn from a young entrepreneur who turned one truck into a leading restoration company with 90 employees and 8-figure revenue!

    In this podcast, we dive deep into the journey of building and scaling a restoration business. From unlocking obstacles trade businesses face to insights on vertical SaaS solutions and the 'Restoration Millionaire Method,' you'll get practical advice to grow your business in the damage restoration space.

    Watch the video version of this podcast at https://youtu.be/KsR_4I3nS6Q

    Discussion Points:
    00:00 Episode Highlight
    03:23 Who is Alex Duta?
    07:58 Restoration Millionaire method; Hustlers fail at scale.
    10:29 Focus on production, minimise sales; outsource marketing.
    13:46 Focus on one service, expand gradually.
    18:49 Referrals from plumbers increased business consistently.
    20:14 B2B relies on referrals; B2C uses word-of-mouth.
    26:23 Shift from hustle to analytical, data-driven decisions.
    29:20 Reverse engineering goals simplifies achieving long-term success.
    33:41 Clear goals and planning expedite achieving success.
    35:05 Revenue's complexity stems from diverse factors and assumptions.
    38:20 Optimize investments using data-driven decision-making.
    41:12 Resource reallocation halved revenue, causing accountant distress.
    44:28 Trade businesses see impressive return on ad spend.

    Resources:

    • Get a FREE copy of the Restoration Relationship Sales Playbook - https://albiware.com/resource/restoration-sales-playbook/
    • Connect with Alex at Alex@al

    Welcome back to The Site Shed Podcast! If you're in the trades and wondering how to integrate AI into your business, Tradie Hub has you covered. Discover innovative ways to reduce labor costs, increase efficiency, and leverage AI for growth. Check out Tradie Hub at tradiehub.net and see how they’re transforming the trade industry with cutting-edge AI solutions!

    Don't let your business fall behind—explore the power of AI with Tradie Hub. Visit tradiehub.net to see the innovative AI tools crafted just for tradies. Discover how you can stay ahead and transform your business with cutting-edge technology!

    Enjoyed the podcast? Take your trade business to the next level by incorporating AI! Don’t get left behind—explore Tradie Hub at tradiehub.net. Discover game-changing AI solutions designed to boost efficiency and growth for trade businesses worldwide. Check it out today!


    Check this out:

    • Guarantee 30 Qualified Project Quotes Over The Next 90 Days! Learn more here: https://tradie.wiki/pod
    • Learn more about the CRM that DOES IT ALL for your trade business! Just click on this link: https://tradiehub.net
    • Join a global community of 6000+ trade professionals https://www.facebook.com/groups/TheSiteShed

    Connect with me on LinkedIn. For more podcast episodes, you can also visit our website.

    Thank you for tuning in!

    If you enjoyed this podcast and this series, please take 5 to leave us a review:

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    47 Min.
  • Using personalised automation to improve the lead-to-cash workflow | ft. Paul Jackson | Ep.419
    Oct 1 2024

    Are you struggling with managing your trade business as it grows?

    Discover how to transform your trade business using automation! Learn how to streamline your operations with QuickBooks and Xero integration, eliminating bottlenecks and manual errors. Our guest shares insights on how to make your business more efficient and profitable. Whether you’re scaling your team or looking to improve workflows, these practical tips are a game-changer.

    Don’t miss out on tips for improving your business processes, managing your leads, and handling customer payments more efficiently.

    Watch the video version of this podcast at https://youtu.be/6URNgGvKD3s

    Discussion Points:

    00:00 Introduction
    02:05 The Challenges of Scaling and the Role of Integrated Software Solutions
    05:35 The Importance of Separating CRM and Accounting Systems
    10:20 Customisation with No-Code Platforms
    13:01 The Benefits of No-Code Platforms and the Shift Towards All-in-One Systems
    15:35 Common Apps and Processes in Small Businesses
    19:46 Ensuring Quality Control in the Customisation Process
    22:05 Automating Processes: Estimating and Payment Collection
    30:21 Streamlining Processes and Eliminating Bottlenecks
    39:10 The Future of No-Code Solutions and AI Integration
    43:03 Identifying Problems and Seeking Solutions

    Resources:

    Get Paul’s Work Checklist for FREE here: https://www.method.me/siteshed
    Visit Method’s website: https://www.method.me
    Connect with Paul via email at paul@method.me
    Get social with Paul: @PaulAlexJackson

    Welcome back to The Site Shed Podcast! If you're in the trades and wondering how to integrate AI into your business, Tradie Hub has you covered. Discover innovative ways to reduce labor costs, increase efficiency, and leverage AI for growth. Check out Tradie Hub at tradiehub.net and see how they’re transforming the trade industry with cutting-edge AI solutions!

    Don't let your business fall behind—explore the power of AI with Tradie Hub. Visit tradiehub.net to see the innovative AI tools crafted just for tradies. Discover how you can stay ahead and transform your business with cutting-edge technology!

    Enjoyed the podcast? Take your trade business to the next level by incorporating AI! Don’t get left behind—explore Tradie Hub at tradiehub.net. Discover game-changing AI solutions designed to boost efficiency and growth for trade businesses worldwide. Check it out today!


    Check this out:

    • Guarantee 30 Qualified Project Quotes Over The Next 90 Days! Learn more here: https://tradie.wiki/pod
    • Learn more about the CRM that DOES IT ALL for your trade business! Just click on this link: https://tradiehub.net
    • Join a global community of 6000+ trade professionals https://www.facebook.com/groups/TheSiteShed

    Connect with me on LinkedIn. For more podcast episodes, you can also visit our website.

    Thank you for tuning in!

    If you enjoyed this podcast and this series, please take 5 to leave us a review:

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    47 Min.
  • A Conversation with South Australia’s Leading Residential Solar Salesman
    Sep 3 2024

    In this episode, we dive deep into solar sales strategies, discussing how Curtis grew a 7-figure solar business. Discover key insights on scaling your electrical business, sales tips, and overcoming obstacles. Curtis shares how he went from no solar background to managing a thriving team by implementing sales strategies that work in the competitive solar space. If you're looking to grow or scale your business, this episode is packed with actionable advice. Watch now to learn how you can apply these tactics to your own solar or electrical business!

    Watch the video version of this podcast at https://youtu.be/lya0O55ckmM


    Discussion Points:

    0:00 - Introduction

    1:25 - Solar Sales and Fulfillment Challenges

    3:45 - Curtis's Journey into Solar Sales

    5:50 - Building Processes for Scaling

    9:30 - Importance of Training in Sales Success

    12:40 - Handling Competitors and Pricing

    15:15 - Customer Trust and Reputation

    17:50 - Overcoming Objections in Solar Sales

    20:10 - The Power of Asking Questions

    22:40 - Continuous Improvement and Feedback Loops

    27:30 - Scaling with Leads and Closing More Sales

    31:50 - The Importance of Persistence in Sales

    36:10 - Final Thoughts on Sales Success


    Resources:

    • How Joe's solar business went from $2MM to $4MM in 12 months - https://youtu.be/LyICa5BN0Xw

    Welcome back to The Site Shed Podcast! If you're in the trades and wondering how to integrate AI into your business, Tradie Hub has you covered. Discover innovative ways to reduce labor costs, increase efficiency, and leverage AI for growth. Check out Tradie Hub at tradiehub.net and see how they’re transforming the trade industry with cutting-edge AI solutions!

    Don't let your business fall behind—explore the power of AI with Tradie Hub. Visit tradiehub.net to see the innovative AI tools crafted just for tradies. Discover how you can stay ahead and transform your business with cutting-edge technology!

    Enjoyed the podcast? Take your trade business to the next level by incorporating AI! Don’t get left behind—explore Tradie Hub at tradiehub.net. Discover game-changing AI solutions designed to boost efficiency and growth for trade businesses worldwide. Check it out today!


    Check this out:

    • Guarantee 30 Qualified Project Quotes Over The Next 90 Days! Learn more here: https://tradie.wiki/pod
    • Learn more about the CRM that DOES IT ALL for your trade business! Just click on this link: https://tradiehub.net
    • Join a global community of 6000+ trade professionals https://www.facebook.com/groups/TheSiteShed

    Connect with me on LinkedIn. For more podcast episodes, you can also visit our website.

    Thank you for tuning in!

    If you enjoyed this podcast and this series, please take 5 to leave us a review:

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    42 Min.
  • Closing the Deal: Mastering Call Techniques for New Leads | ft.Ross McDaniel | Ep.417
    Aug 27 2024

    Discover the sales conversion techniques you need to close more deals and grow your business. In this episode, we dive deep into proven strategies for managing leads, improving sales systems, and mastering conversions. Whether you're in the home service industry or running a sales team, these insights will help you turn prospects into loyal customers. We discuss the importance of having a system in place, maximising leads, and driving business growth. Don't miss out on actionable tips for optimising your sales process!

    Watch the video version of this podcast at https://youtu.be/Xl5gImCqQps


    Discussion Points:

    00:00 Answer the phone for business success.

    05:30 Understanding dynamics and system leads to success.

    08:01 Sales qualified lead maximises opportunity for customers.

    10:02 Manage entire process for client convenience. Qualified.

    13:09 Important tasks require time and effort.

    17:53 Deliver truth, not just requested information.


    Resources:

    • Get Your Free ‘Search-Ability’ Assessment - https://www.fencepost.co/assessment
    • Part 1 - Review Revolution: Boosting Your Business with Online Feedback - https://youtu.be/p480d5mnoj0
    • Part 2 - Ads or Not? Navigating Google Business and Beyond - https://youtu.be/U8HhAkw6Moo

    Welcome back to The Site Shed Podcast! If you're in the trades and wondering how to integrate AI into your business, Tradie Hub has you covered. Discover innovative ways to reduce labour costs, increase efficiency, and leverage AI for growth. Check out Tradie Hub at tradiehub.net and see how they’re transforming the trade industry with cutting-edge AI solutions!

    Enjoyed the podcast? Take your trade business to the next level by incorporating AI! Don’t get left behind—explore Tradie Hub at tradiehub.net. Discover game-changing AI solutions designed to boost efficiency and growth for trade businesses worldwide. Check it out today!


    Check this out:

    • Guarantee 30 Qualified Project Quotes Over The Next 90 Days! Learn more here: https://tradie.wiki/pod
    • Learn more about the CRM that DOES IT ALL for your trade business! Just click on this link: https://tradiehub.net
    • Join a global community of 6000+ trade professionals https://www.facebook.com/groups/TheSiteShed

    Connect with me on LinkedIn. For more podcast episodes, you can also visit our website.

    Thank you for tuning in!

    If you enjoyed this podcast and this series, please take 5 to leave us a review:

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    22 Min.