Talk to any business owner and you will notice many common threads. Entrepreneurs who prefer to learn by trial and error – and by getting their hands dirty. Entrepreneur Magazine suggests that 25% of all business owners log over 60 hours of work a week. Yet, in the ever-evolving landscape […]

And so begins the festivity and excitement of this time of year! For business owners it often comes with a surge of pressures. Balancing the joyful spirit of Christmas with the demands of running a business can be overwhelming. Do you have strategies in place to help you navigate this […]

Are you thinking or planning about your 2024 marketing plans? Terms like Total Addressable Market (or TAM) and Target Market may surface in your planning and you could be tempted to use them interchangeably. However, your TAM and your target market are related but slightly different.   Your TAM is an […]

You know gross margin impacts your profit, but have you considered the impact it has on the value of your company? When assessing your company’s value, acquirers and investors will often scrutinise your gross profit margin. Gross profit margin is the difference between a company’s revenue and its cost of […]

Are you thinking about your plans for Christmas? Preparing for Christmas can be a daunting task, but with the right strategies, you can ensure your life and business stays on track – financially. Start Early The key to a successful Christmas budget is starting early. Ideally, you should begin now, […]

Whether it’s worth paying for a business coach depends on various factors, including your specific needs, budget, and willingness to invest in your personal and professional development. Here are some aspects to consider when making this decision: >> Clarity of goals If you have clear business goals but are unsure […]

Repeat business drives the value of your company and you can categorise sales into one of two buckets. Bucket one: Re–occurring revenue comes from customers who purchase from your sporadically. They’re satisfied with what you offer, and they buy regularly yet not according to a specific timeline. Bucket two: Recurring […]

At Collins SBA, we believe in the profound impact of helping people achieve greater fulfillment, wellbeing, and success. We empower individuals with clarity, confidence, and control to reach their full potential. This ethos extends to our work with business owners. Meet Jodie who has a passion for helping people Jodie […]

If you aspire to build a valuable company, one crucial factor is to ensure your business can operate independently without your constant involvement! Embarking on this journey can feel daunting. Let’s explore three cost-effective, simple strategies to set your business on a path to autonomy and allowing it to thrive […]

In our experience many small and medium business owners often find themselves at the heart of every operation. The day-to-day responsibilities can be overwhelming, leaving little room for strategic thinking or, more importantly, the freedom to take a break and enjoy life outside of work. But what if we told […]