TIPSY TUESDAYS YBB Connect TIPSY TUESDAYS YBB Connect

Safety - But why would I do that?

The amount of small, medium, and even large business owners that do not have a clue on the repercussions of not implementing basic safety in their workplace is scary.

The amount of small, medium, and even large business owners that do not have a clue on the repercussions of not implementing basic safety in their workplace is scary. For some yes it may be a slap on the wrist (which may only happen since we are in Alberta) but for some it could mean jail time and/or large fines. Sure, Safety isn’t just for owners, it’s for workers too but the owners are the ones who pay longer term with larger penalties.

Which is where my passion and come drive in.

If I wanted to go work for the extremely large companies, I could and have. But what about the small to medium size companies who’ve maybe never been taught some basic and, potentially life saving, safety skills?

It’s simple for me – sharing is caring. Isn’t that what we teach our kids? I want to share what I’ve learned through experience. I want my audience to know they aren’t alone. Through my business is where you’ll get to know how you and your coworkers, employees and even subcontractors (if applicable) will get to know the basic requirements.

You don’t live in Alberta? No problem. Each province has their own OHS Legislation – its not rocket science. Sure, it’s a skill to learn but with the right coach and mentor, its less scary and more powerful.

Nelson Mandela said it right: “Education is the most powerful weapon which you can use to change the world”.

Each of us has our passion, have our business, have our knowledge – I want to share. I get a joy out of sharing. The joy really comes real when I get to visit my clients and I see them make the change. The change to improve and make themselves understand the law. OHS (Occupational Health and Safety) Handbook which is a minimum requirement in Alberta can be a scary thing. Business owners need to know it though. I can teach you and your team the parts that apply to your business, so you don’t have to sit there and rehearse it like a sacred book (even though it is a sacred book)


Submission By: Ashley Budde

Full Throttle Safety

fullthrottlesafety@gmail.com

Read More
TIPSY TUESDAYS YBB Connect TIPSY TUESDAYS YBB Connect

Helpful Contracting Tips from Mike Figliuolo, managing director at thoughtLEADERS, LLC

Through Mike Figliuolo’s course in LinkedIn, you will learn what different contracts mean, pricing and payment terms, warranties and liability terminology and expectations, and insurance requirements. He also lets you in on what you should consider when defining your project scope.

The following content is a mixture of copied text and personal interpretation. The purpose of this blog post is to share our experience taking this course and highlight it’s value and availability to access through LinkedIn’s Learning portal.

We know contracts are not the sexiest topic of conversation in business, but boy are they life savers. We have been writing contracts for years now here at YBB and we enter into contracts for a significant majority of our collaborations, specifically ones that span over months or years time. Event if exchange of services is the primary payment detail, we highly suggest you start entering business relationships with a contract agreed upon by both parties before any work or exchange is done. Through Mike Figliuolo’s course in LinkedIn, you will learn what different contracts mean, pricing and payment terms, warranties and liability terminology and expectations, and insurance requirements. He also lets you in on what you should consider when defining your project scope.

Helpful contracting tips the highlights are:

  1. Minimize the size of numbers.

    “Instead of saying, "The client will pay $60,000 for 300 hours of services," say, "The client will pay $200 per hour of services rendered. "The consultant will provide up to 300 hours of service."

    Those are much smaller numbers. That's a lot easier to accept and approve on the client side.”

  2. Specify expenses in words verses in numbers.

    “If you say, "The client will pay up to $15,000 in travel expenses," they'll likely negotiate that number. It's a big dollar amount. If, instead, you say, "The client will reimburse "for actual travel expenses," it's more likely to be accepted as written with no negotiation.”

  3. Require a minimum purchase of services.

    “A lot of effort goes into selling, proposing, and contracting for an engagement. You don't get paid for that time. If the client uses 60 hours of your time contracting and then only does a six hour engagement,you've made a pretty poor hourly rate. Require the client to pay for a minimum number of hours,whether or not they use them. It'll at least guarantee an acceptable return on your sales and contracting time.”

  4. Define your classes of travel.

    “Many consultants spend a lot of time on planes and in hotels. The client will want you to choose the cheapest accommodations possible. Don't sacrifice your lifestyle unreasonably. Specify acceptable classes of travel in your contract. At thoughtLEADERS, when we travel internationally, we specify that we travel business class. My instructors are on the podium for eight hours, teaching a class to up to 35 people. I cannot put someone on a plane for 20 hours to go to Singapore and teach a class back in economy in the back of the plane. It's specified in the contract the class of travel that we'll use.”

  5. Use terms like in its sole discretion, or as mutually agreed upon in writing.

    These terms can simplify contracting and improve negotiating success. The terms are advance permission to make a decision without further approval, or they get the contract done sooner and leave the smaller points for future discussion and mutual agreement.



If you’re interested in taking Mike’s course on LinkedIn, here is a list of learning objectives you will learn:



Learning objectives

  • Identify effective consulting contracting techniques.

  • Explain how to evaluate an attorney for legal counsel.

  • Compare and contrast different types of major contracts.

  • List the major players in a contracting process.

  • Define payment terms.

  • Define warranties and liability.

  • Scope a consulting engagement.

  • Describe how to negotiate major contract points.




Read More
TIPSY TUESDAYS YBB Connect TIPSY TUESDAYS YBB Connect

Let's Talk Condos with YBB Member Andrijana Jakovleska

Let’s talk Condos. There’s somewhat of a negative connotation towards condos and the “condo fees” that come along with them.

Let’s talk condos!

Condos and realtors in Edmonton Alberta

There’s somewhat of a negative connotation towards condos and the “condo fees” that come along with them.

Condo fees include maintenance, landscaping, management of the condominium and in some cases utilities. They can be beneficial for certain buyers who want complementary maintenance/landscaping & want to be part of a community within the condominium.

The $ amount of condo fees varies based on the type of building (apartment, townhome complex, etc) plus the size of the perspective unit and what is included in the condo fees. The negative connotation mainly comes from the fact that you as a condo owner do not have a say in the increase of the condo fees at any time because even though you own a unit or units you are essentially buying into a condominium business run by its board members and investors.

A tip that can benefit your condo ownership, is to become part of the condo board or become an investor so that you have a say in the decision making.

Condos for sale Edmonton

Apart from the above, a condominium if managed correctly can be a great opportunity & investment for a buyer. Especially townhome complexes, since there’s not as many units as an apartment building and condo fees are more likely to remain low over the years.

In prime areas, your condo investments will increase in value, especially if managed well.

Always have your REALTOR gather all of the condominium documents for review before purchasing a condo. Knowing as much information as possible will aid into making the right decision. It is the seller of the condo’s responsibility to give all condo documents to your REALTOR.

Submission By:

Andrijana Jakovleska
REALTOR®
Residential | Commercial | New Builds

780-937-6346
andrijanarealty@gmail.com
andrijanajakovleska.com

 
Read More