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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

Posted by Jody Smith on 3.06.2020

Managing Cash Flow in a Crisis

In the midst of a global pandemic, now more than ever, it is important as a business owner to have a good handle on your business’s cash needs. While some parts of the economy are starting to open back up, many businesses are only just starting to feel the full impact of dropping sales figures over the last couple of months.

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Topics: Business Improvement, Business Planning, cashflow

Posted by Carissa Gordon on 14.05.2020

10 tips for clever business owners

As a business owner, there is always something to do, however many owners often spend more time working in the business than they do on the business.

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

Posted by Neville Hughes on 1.05.2020

Managing (and Getting Help) Through a Business Crisis

Recent global events have tested the mettle of management and boards everywhere. Some businesses will emerge stronger and, sadly, some will cease to exist in their current form.

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

Posted by Carissa Gordon on 21.02.2020

Getting More from Your Accounting Data… to Generate Sales

Accounting data is full of ‘stories’ and telling these stories can help you improve your business. An example that we see all too often looks something like this:

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Topics: Business Improvement, sales growth

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