#003 - BEST Practices for New Management Rights! 🤔🤝
Manage episode 431574505 series 3586518
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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