Selling a business can be complex and a challenging process. There is no-one size fits all answer of when you should sell your business. Some of the factors include your personal goals and circumstances, the current state of the business and the market conditions. Some of the challenges you may […]

You have thought about this time for a long time? The chance to sell your business and retire. Have you thought about how you will spend your week and how much you will need in the future to ensure all of your ideas come true? Things to do when you […]

Cash flow is the movement of money into and out of a business. Cash flow is important for a business because it is a key indicator of financial health. By monitoring and managing cash flow effectively, businesses can make informed decisions and take the necessary steps to ensure their long-term […]

A Financial Planner or Financial Adviser is a qualified professional who helps individuals and businesses make smart decisions about their money. A Financial Planner should have professional certifications including Certified Financial Planner® (CFP) designation.  Financial Planners and Financial Advisers use their expertise to help clients set financial goals and develop […]

Specific policies and procedures for your business will depend on a number of factors, such as the size of your business, the industry you’re in, and the laws and regulations that apply to your business.  It’s always a good idea to consult with a lawyer or other professional to make […]

Who are you targeting and why? Work through the below recommendations to start your target audience plan. Ensure you are identifying and engaging with the right customer or client for your business.    1. Clearly articulate the products or services that your business offers and the unique value they provide […]

If you are carrying all the load in your business and feeling overwhelmed, (or carrying a boulder or two during your day) there are several steps you can take to manage your workload and manage some of the stress.  By trying some of these steps, it may help you manage […]

Accountants track, report, and analyse financial transactions. Our team at Collins SBA use their knowledge and expertise with accounting principles and practices to help businesses and individuals manage their financial affairs and make informed decisions. It’s their experience with complexity that makes them different. These questions will help you have […]

A bookkeeper is someone who is responsible for keeping financial records organised and up to date. Bookkeepers also play a critical role in maintaining the integrity of a company’s financial records and helping to ensure its financial health.   If you are looking for a bookkeeper, try the following questions […]

Stress is a common response of challenging or new situations. Stress can be mental and physical. Your body releases stress hormones like adrenaline, which may help you respond to a stressful situation.  What else can you do to relieve stress? Try exercise. Exercise releases endorphins, which have mood-boosting effects. Spend […]