Stop the hidden hospitality profit squeeze: See the two hidden costs and how to increase restaurant profit margins before it’s too late. There’s a conversation happening in kitchens across Tasmania that nobody wants to have out loud; but if you’re trying to increase restaurant profit margins, it’s one you can’t […]
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It’s happening quietly, but you might have already felt it. Maybe your business loan declined when you expected a renewal. Maybe your banker was replaced by a call centre. Or perhaps your perfectly healthy business was told you no longer “fit policy,” even though nothing about your operation has changed. […]
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Most business owners start out chasing freedom, only to find themselves more trapped than ever. But it is possible to build a business that runs without you, create a genuine work-life balance, and protect your mental health. It just takes discipline, proper systems, and sometimes, a complete mental break from […]
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Spot early warning signs, avoid common traps and get practical planning tips to protect your finances.
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For most business owners, your business is not just your job; it’s your primary source of income and long-term wealth creation. And it demands a lot from you. Your business finances live in one world, managed with the help of your accountant, who keeps you on track with growth, cash […]
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ATO Tax Debt Loan: A Tax-Deductible 9% Interest Solution for SMEs. Let’s be honest. Over the years, a lot of business owners have treated the ATO like an unofficial line of credit. You push tax payments back because suppliers come first. If you don’t pay them, the business stops. But […]
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Using your super to buy property is not just possible; it’s an increasingly popular strategy for Australian business owners to take control of their retirement savings and invest in their own commercial premises. By leveraging a Self-Managed Super Fund (SMSF), you can turn your superannuation into a property investment, gaining […]
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Running a business is challenging enough without having to chase your accountant for answers. Yet for many growing businesses, this scenario becomes all too familiar. The question isn’t whether you need accounting support; it’s whether your current accountant can keep pace with your ambitions. So, how do you know when […]
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What’s the difference between a business coach, a business advisor, and an accountant? That’s a question Collins SBA’s own business coach, Mick Denehey, sat down to discuss. It can be lonely at the top. That’s one of the things we hear most often when we sit down with our clients. […]
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Summary of the 2024-25 Tasmania’s Treasurer’s Budget. Cost of Living Relief for Small Businesses: — $300 power bill credit for small businesses, lowering immediate costs. — The Small Business Energy Audit Program ($1.8 million) helps reduce long-term energy costs, improving operating efficiency. Why care?: Direct financial support and long-term savings […]
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