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Posted by GTC Financial on 2.05.2024

How much is my business worth?

For many small business owners, their business is their largest asset and for many, one that is expected to help fund their retirement. But what is your business really worth and what sets a high value business apart?

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Topics: Business Evaluation, Business Improvement

Posted by GTC Financial on 9.04.2024

Self-Audits - Staying on Top of Important Trends in your Business

Busy leaders need to focus on the needs of customers, prospects, employees, regulators, suppliers and so on. However, we encourage these leaders to also take an active interest in the FINANCIAL health of their business.

Conducting a periodic self-audit or financial health check helps identify areas for improvement and ensures the business remains on track towards the financial goals. 

Here are some important topics to cover in a self-audit.

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Topics: Business Evaluation, Business Improvement, Accountability

Posted by GTC Financial on 27.06.2023

Reviewing Cost to Increase Cash and Drive Profits

All businesses should review their expenses periodically. 


Prudent expense management helps ensure that valuable cash resources are used wisely. And sometimes, a business may NEED TO reduce expenses as a matter of survival.


No matter what the circumstances, here are some 
Best Practices in reviewing and managing expenses.

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Topics: Business Evaluation, Business Improvement, Wealth Creation

Posted by GTC Financial on 16.09.2022

5 Ways an Accounting Function Should Create Business Value

Business leaders rely on the accounting function for a variety of purposes. One of these is compliance, but leaders should have much higher expectations of their accounting function.

Let's look at how a multiskilled accounting function can provide critical support to enable the best outcomes.

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Topics: Business Evaluation, Business Improvement, Tax Planning, Debt Management, Business Continuity Planning, Cash Flow, Profit, Growth, Efficiency, Optimisation

Posted by GTC Financial on 23.08.2019

Selling Your Business - It May Not Be For You... But Keep Your Options Open

Selling your business might be far from your mind right now. Perhaps you just started and/or it’s going fabulously well. Don’t fix something that’s not broken, right?

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Topics: Business Evaluation, Retirement Planning, Business Planning

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