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 […]
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. […]
Spot early warning signs, avoid common traps and get practical planning tips to protect your finances.
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 […]
From Left: Scott Atkins (Acumon), Andrew Pearce (Collins SBA), Christian Tapp (Acumon) and Jono Elliot (Collins SBA) and Luna in a cone. FOR IMMEDIATE RELEASE Hobart, TAS – 09 October 2024 – Collins SBA, a leading provider of financial services based in Hobart, Tasmania, is excited to announce a strategic […]
Image Source: Cathy McKeown At Collins SBA we are committed to helping Australian business owners to live their best life. We are very proud of our own Cathy McKeown who inspires us everyday with her own best life! For many of us, childhood passions fade into memories as life takes […]
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 […]
Many factors drive the value of your business, but perhaps the most important is how your business would perform without you. To get your business to flourish when you’re not around, you need owner-like effort from your team. Inspiring owner-like effort comes from cultivating a vibrant culture inside your business. […]
If you are looking to attract an investor or an acquirer one day, expect them to dig into your sales and marketing process. If your business sells to other businesses, an investor will want to know where you get your leads from and how much each costs to generate. They’ll […]
When potential acquirers first evaluate your business, most will quickly categorise into a specific industry. This initial classification can significantly impact the value they place on your business. Some industries are inherently perceived as more valuable than others, and if your business is placed in a less favorable category, it […]
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