706, 2021

Capital Value of Your Team

June 7th, 2021|Tags: , , , , |

Welcome back. It's Stephen Hunt from Hunt Hospitality International. Today I want to talk about the Capital Value of your team. Now, I know we're driven by the world of accountants, we're always talking about figures, and how can you put value to your team member. So there is a physical way or financial way that we can actually do that. The way I look at it is like this. So back in the day used to pay the banks 5%. And on a million dollar loan, you would pay $50,000 per year. So the way I look at it [...]

106, 2021

Your People

June 1st, 2021|Tags: , , , , |

Welcome back. It's Stephen Hunt, the Managing Director of Hunt Hospitality International. So we've so far we've covered off a lot of topics. But today is truly my favorite. It's about your people. Without a great team around you, you will not be successful. So it's really, really important to nail and have the best team that you possibly can. I always work off the moral compass. So I like to have a team of people around me whether all forms of stakeholders, whether it's your suppliers, your contractors, and most importantly, your close team. It's so important to have [...]

2405, 2021

The Pitch

May 24th, 2021|Tags: , , , , |

Hi, I'm Stephen Hunt from hunt hospitality. Welcome back. So today we'll be talking about your pitch. This is an awesome day because you're basically selling your product to potential investors. Now, there's lots of different really important things, the most important thing to, think and discuss is listen to your investor. So even before that you set up your meeting, and have the pitch with your investor, you need to say, look, where's a comfortable environment for us to meet? And you need to ask them many questions, as well about how they want the pitch presented. Do they [...]

1705, 2021

Knowledge of Your Industry

May 17th, 2021|Tags: , , , , |

Welcome back. It's Stephen Hunt from Hunt Hospitality. Today we're going to be talking about your knowledge of your industry, it's really important for you to discuss with your investors and for them to have comfort that you have a thorough knowledge of your industry. And what I mean about knowledge of your industry. This is going back to your account and your financials, you need to know what you will be paying for products, I'll give you a perfect example. So for instance, you're a plumber, you need to know the market rate of what you should be paying [...]

1005, 2021

A Good Plan – Part 2

May 10th, 2021|Tags: , , , , |

Welcome back. It's Stephen Hunt from Hunt Hospitality. Today we'll be talking about the second part of your plan. There's three parts to this. And they're all very, very important. Firstly, your structure. So you've already got the good account and a good lawyer. So they're going to guide you into which is the best structure. I don't mean physical structure, I actually mean, the breakup of your business. So it may be a unit trust, it may be a partnership, it may be a proprietary limited. So there's many, many, many different things that can be. But your accountant [...]

305, 2021

The Good Plan – Part 1

May 3rd, 2021|Tags: , , , , |

Today we're going to be talking about a very important part of your sales pitch to your investors. It's called the plan. So there's two parts of the plan and three sections to each part. So today will be part one. First of all, you really have to have a fantastic knowledge of your history in the business, an investor needs to be comfortable to know that you know all about your industry, and that you've had a great track record of success, not only success, but your ability to come back from failure, it's really important for them to [...]

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