WTW018 What's the worst that can happen to Sara Price of Actually

Today on the podcast, Suzanne is delighted to be joined by Sara Price, the founder of Actually, a business that supports purpose-led business owners to achieve their business dreams through marketing and strategy support. She was also the co-founder of one of London's leading independent PR agencies.

Sara shares her experience of choosing to start a business at a time when the economy was recovering from the financial crash and, despite the odds, turning it into a huge success. That success brought with it rapid growth. The company then had to be restructured a few years later leading to some staff redundancies which meant negotiating all the complexities and legalities that came with it.

Suzanne and Sara discuss some very important distinctions between employees and freelancers, and the rights and regulations that come into effect with each type of relationship.

They then go on to talk about the worst that could happen in Sara’s business - the ever- present threat that someone will steal Sara’s Intellectual Property, and what happens if someone decides not to pay their bill.

As always, Suzanne has practical advice on all of the subjects discussed in this episode - particularly timely as anyone in business tries to navigate through these very challenging times.

In this episode:

[3:50] Sara recounts her story of starting a business within a recessive period and having massive success during that time.

[5:00] Sara talks about having to restructure her business after that growth period, and how that led to making some of her employees redundant.

[7:52] Suzanne highlights some of the intricacies involved in letting employees go, and how to avoid major consequences.

[9:50] Suzanne and Sara discuss the differences between an employee and a freelancer, and why that definition matters when it comes to governing the professional relationship.

[16:26] Suzanne shares resources to help you determine whether or not you have an employee, or have hired a freelancer.

[21:41] How Sara intends to grow her team moving forward.

[27:00] Sara presents Suzanne with the worst thing she feels could happen in her business surrounding non-payment and IP theft..

Learn more about Sara: https://actually.world

Find the resources mentioned in this episode!

www.suzannedibble.com/podcastresources

The contents of this podcast are provided for information purposes only and are not intended to amount to advice. You should not rely on any of the contents of this podcast. Professional advice should be obtained before taking or refraining from taking any action as a result of the contents of this podcast. Suzanne Dibble and Niche Legal Solutions Limited disclaim all liability and responsibility arising from any reliance placed on any of the contents of this podcast (other than in relation to matters for which is not legally permissible to disclaim liability)