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Posted by GTC Financial on 4.09.2020

Improving Cash Flow By Renegotiating Customer Credit Terms

It's not obvious that you HAVE TO extend credit terms to your customers. If you do, negotiate terms which are favorable to your business so you get earlier access to cash. A small change can make a big difference. Watch this short video for more on this topic.

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Topics: Debt Management, business continuity planning, businessresilience

Posted by GTC Financial on 3.09.2020

5 Steps to Stronger Cash Flow Management

Watching businesses deal with recent business conditions reveals that some are struggling for survival while others are ‘going gangbusters’. Businesses at both of these extremes share one priority… which is to carefully manage cash.

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Topics: business continuity planning, managing business risk covid-19

Posted by GTC Financial on 3.07.2020

Business Resilience: Understanding Your Market

As accountants, we want our clients to build resilient and successful businesses. That means overcoming the challenges and pursuing the opportunities presented by current market conditions. Leaders of resilient businesses ensure they understand their market, especially the customers and competition.

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Topics: Business Improvement, Business Planning, business continuity planning

Posted by GTC Financial on 3.07.2020

Business Resilience: Vision & Goals

As accountants, we strive to help our clients build resilient and successful businesses. In the current business environment, there are both challenges and opportunities.

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Topics: Business Improvement, Business Planning, business continuity planning

Posted by GTC Financial on 3.07.2020

Is Your Business Model Standing the Test of COVID-19?

As accountants, we need to understand our clients’ business models. In very simple terms, a business model refers to “the way a business makes money”. Take a retailer, for example, who buys and displays products of interest to customers. By attracting people into their store, they sell those products and make a profit, provided the sales price exceeds the costs of supplying that product.

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Topics: Business Improvement, Business Planning, business continuity planning

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