 Every other month RAAS RIGHTS director Mike Butler (occasionally assisted by co-director Geoff Glanville) puts pen to paper to pontificate on some aspect of the Management Rights Industry. Listed below from newest to oldest are copies of his musings for you to ponder. (Please be aware as some of these articles are getting on in years they may not reflect the current Industry situation) |
August 2010
Mike Butler has dedicated his August report to the importance for newcomers to the industry to seek out professional consultants with industry specific experience. Mike also reminds managers to request a copy of the OFT requirements mentioned in the last report. John Mahoney from Mahoney lawyers speaks on the need to understand how the vagaries of the economy temporarily impact the industry. As John says, improvement is inevitable, "its just the economy stupid." .
June 2010
The June edition contains a run down on the requirements every manager must meet to abide by PAMDA in the event of an inspection by officers of OFT. Additionally director Geoff Glanville has prepared a check list available on request. Geoff also gives an update on the success of the new RAAS RIGHTS operation in North Queensland. Rob Belanda of MBA lawyers also has some sage advice on how a manager should act in the event of a forced sale of a unit in his complex.
April 2010
In our April edition Mike gets philosophical warning of the dangers of watching your stress levels and how to handle and not to handle stressful situations. As well we have contributions from John Mahoney of Mahoney Lawyers and Scott Wicks of Archer Gowland.
February 2010
This edition we have Mike warning of the very real criminal dangers associated with Secret Commissions and we introduce our North Queensland RAAS presence. As well we have legal contributions from Frank Higginson at Hynes Lawyers and accounting contributions from Tony Rossiter at Holmans Accountants.
December 2009
This edition is one on Mike Butler's better literary efforts. As well as being right on the money it is a genuinely funny essay on the stupidity and the State Governments Sustainability Declarations. As well following our extended format there is comment from Damien Windle of PCS Finance and Frank Higginson of Hynes lawyers.
October 2009
Those with an eagle eye will note the ommission of an August 2009 RAAS Report. By way of apology Mike discusses the benefit of having a good planner and using it. As well as blaming aluminium saucepans for the lapse Mike also commenst on how a recent number of forced sales are not indicative of the real strength of the industry during the GFC. The October 2009 RAAS Report is also the first using our extended format with additional contributions from Hynes Lawyers.
June 2009
There have been a host of bubble events across world economies. In this months report Mike Butler sets out why he believes we aren't facing one in the Management Rights sector in 2009.
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April 2009
The digital age is well and truly with us and we ignore it at our peril. Mike explains the substantial savings in time and the marketing avenues that have opened due to the brilliant new digital mediums now available to us.
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February 2009
A huge proportion of management rights contracts fail to proceed because the figures provided by the seller do not pass the accounting due dilligence. Mike here explains why it is the sellers responsibility to get this critical element professionally prepared before listing the business for sale.
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December 2008
The first RAAS Report was written in August 2004. Mike goes back to check and finds that many issues that the Government said it would be fixing have yet to ber resolved. Mike also looks forward and gives his views on what 2009 holds in store.
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October 2008
The horrible reality of the global financial mess has become apparent. Mike Butler here sets out how he sees this impacting on the management rights industry.
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August 2008
In this article it's Geoff Glanville's turn to explain the need for planning and preparation when selling your management rights business. Geoff also offers readers a free 20 point check list to assist them in the process.
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June 2008
Mike shows he has a handy grasp of Latin and expouses the virtue of always having a healty dose of scepticism. Handy he says for dealing with everyone from potential scammers to your own bank.
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April 2008
So much of our business and personal lives involves technology, that in this report Mike decides to play Lord Litchfield and gives us a simple explanation of the finer points of digital photography.
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February 2008
"We don't plan to fail, we fail to plan." A discussion on how establishing systems in your business can both make the business stronger and reduce stress at the one stroke.
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December 2007
A timely and easy to understand explanation of the 3 - 2 - 1 rule that applies on the sale of some management rights businesses. As well, we mourn the passing of Lorraine Lush, wife of RAAS Director Rusty. Lorraine, you remain a example to us all.
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October 2007
Mike stands back and investigates the attractiveness of the Management Rights Industry compared to other business opportunities and likes what he sees.
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August 2007
A call for a little self examination by the Accountancy Industry on how they interpret and enforce the due dilligence provisions of the standard Management Rights contract. Compulsory reading for Management Rights buyers and sellers alike...an hopefully compulsory reading by the Accountancy industry.
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June 2007
Mike's musings on the fact that none of us are indespensible and that we all deserve regular holidays for the good of our businesses as well as our personal relationships.
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April 2007
An explanation on how becoming a registered salesperson under the RAAS license brings in a tidy extra legal income, helps your owners when the time comes for them to sell, all the while protecting the capital value of your business.
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February 2007
You don't have to be Albert Einstein to run a resort complex but if you abide by one of his comments on the value of service, you will find success "relatively" easy.
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December 2006
While Code of Conducts for Committes is finally becoming a reality, Mike muses that managers really should be able to "engineer" a committe that truly represent the owners interest.
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October 2006
In mourning the passing of Industry identity, Dennis Ivers, Mike asks just how well we are prepared in business should our time on this earth also be cut short.
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August 2006
An essay on not squeezing every possible cent out of owners in the complex. Mike explains why It is not good business, if for no other reason, that one day they might have the opportunity to squeze back.
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June 2006
While some in the industry feel Professional Indemnity Insurance is an unneccary expense, Mike suggests they reconsider.
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April 2006
Presenting your rights business for sale involves making it physically attractive, fiscally attractive (getting the dollars right) and putting aside some promotional funds so it will stand out from the rest.
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February 2006
Mike notes that while the heady days of management rights price growth have eased, these sorts of times often offer opportunities as well.
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December 2005
While computers may still be a foreign some, managers do not have the luxury of not undertanding them.
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October 2005
When the time comes to sell your complex, ask yourself the question, "Do you want to list it or sell it?" Everyone has to meet a realistic market.
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August 2005
When you finally get a sale make sure the contract doesn't fail. 50% fail because owners do not provide a professionally acceptable set of accounts.
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June 2005
Its Geoff Glanville's turn this time to explain the mystery of the multiplier and the various factors that contribute to this all important number.
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April 2005
An object leson in what to do if despite your best efforts you plain stuff something up.
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February 2005
How to ensure that an unexpected visist from the Office of Fair Trading inspectors is not an event that brings on a stress attack and your rights and obligations in the event of a visit.
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December 2004
Looking back on the phenomenol growth of the RAAS concept and introducing RMEG seminars for those considering their first foray into Managenment Rights.
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October 2004
Some sage advice on getting a qualified Management Rights Acountant to do a due dilligence report before you list for sale.
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August 2004
The first RAAS Report outlines the RAAS busines model and explains why managers should take control of the protection of the capital value of their businesses by joining the RAAS family.
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