Starting a Business: Passion, Perseverance, and the Hard Truth
Posted by Peter Baskerville in Jul, 2024
Starting a business is often painted as a glamorous journey, filled with success and riches at the end of the road. However, the reality is far from the glossy picture painted by those selling get-rich-quick schemes. As Steve Jobs famously articulated, and from my own experiences, starting a business is one of the hardest things […]
Category: BSBESB301
Workplace Health and Safety Systems in Australia: Ensuring Employee Well-being and Compliance
Posted by Peter Baskerville in Feb, 2024
Having effective Workplace Health and Safety (WHS) systems is crucial for ensuring a safe and secure work environment in Australia. These systems include various policies, procedures, and practices aimed at keeping employees safe from workplace hazards and enhancing their overall physical and mental health. This article explores the importance of WHS systems in the Australian […]
Category: HLTWHS001
The Importance of Workplace Safety Meetings in Australian Workplace Health and Safety
Posted by Peter Baskerville in Feb, 2024
Workplace safety meetings play a crucial role in promoting and maintaining workplace health and safety in Australia. These meetings serve as a platform for employers and employees to discuss safety measures, address potential hazards, and foster a culture of safety within the organization. This article will explore what workplace safety meetings are, where they take […]
Category: HLTWHS001
Workplace Health and Safety Regulations in Australia
Posted by Peter Baskerville in Feb, 2024
Workplace health and safety regulations in Australia are designed to ensure the safety and well-being of employees across various industries. These regulations outline specific requirements and responsibilities for both employers and employees in order to maintain a safe work environment. Understanding the key aspects of workplace health and safety regulations is crucial for both employers […]
Category: HLTWHS001
Creating a Safe and Healthy Workplace: Understanding WHS Policies and Procedures in Australia
Posted by Peter Baskerville in Feb, 2024
Workplace health and safety (WHS) is crucial for ensuring the well-being of employees and maintaining a productive work environment. In Australia, WHS is governed by specific policies and procedures to uphold the highest standards of safety. Understanding the key aspects of WHS policies and procedures in Australia is essential for both employers and employees to […]
Category: HLTWHS001
Workplace Health and Safety (WHS) in Australia
Posted by Peter Baskerville in Feb, 2024
Workplace Health and Safety (WHS) in Australia is a critical aspect of maintaining the wellbeing of employees in various industries. Understanding the key elements of WHS, its significance, and the measures taken to ensure a safe working environment is imperative to fostering a healthy and productive workforce. This article aims to delve into the intricacies […]
Category: HLTWHS001
Workplace Emergency Procedures in Workplace Health and Safety in Australia
Posted by Peter Baskerville in Feb, 2024
Workplace emergency procedures are vital for ensuring the safety and well-being of employees in any organisation. In Australia, workplace health and safety regulations require businesses to have comprehensive emergency procedures in place to effectively respond to potential hazards and protect employees. This article will delve into the key aspects of workplace emergency procedures, including what […]
Category: HLTWHS001
Unit costs in business
Posted by Peter Baskerville in Nov, 2018
What are unit costs in business? The unit cost is the expense incurred by a business to produce, store and sell a single product. The unit cost is also known as average cost, product cost or single cost. The unit cost is typically calculated when a business produces a large volume of identical products. Unit […]
Category: BSBFIN402
Gross Profit Margin
Posted by Peter Baskerville in Sep, 2016
What is the Gross Profit Margin? Gross profit margin is a financial ratio that is commonly used when assessing the financial management and performance of a business. A higher gross profit margin, relative to the average industry benchmark or to previous trading periods, is an indicator of good financial management. The […]
Category: BSBSMB402
Customer Service
Posted by Peter Baskerville in Apr, 2016
What is customer service? Customer service is every interaction with a customer. Customer service is looking after the customer’s needs by providing and supplying professional, helpful, high quality service and support to ensure customers requirements are met from the start and throughout to the end. In todays hyper-connected world, customer […]