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Posted by GTC Financial on 23.01.2024

5 Ways to Get the Most from Goal-Setting (and Goal Achievement)

Most leaders acknowledge the value of setting goals and measuring their progress. But many of those same leaders complain of not setting the ‘right’ goals OR say they have trouble achieving the goals. 

Here are 5 methods to help you make goal setting (and goal achievement) a more productive exercise.

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Topics: Business Improvement, Business Planning

Posted by GTC Financial on 10.10.2023

Succession: What does it take to hand your business to the next generation?

What is the end game for your business? Succession is not just a topic for a TV series or billionaire families, it’s about successfully transitioning your business and maximising its capital value for you, the owners.

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Topics: Estate Planning, Business Planning, Succession

Posted by GTC Financial on 6.09.2023

9 Ways to Reduce IT Costs

One expense that can grow out of control in many businesses is Information Technology (IT). Tweaking investment in IT increases performance and profitability and sometimes major cutbacks are necessary. Either way, it’s best to be systematic. Here are some ways to economise on IT spending.

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Topics: Business Planning, technology, Efficiency

Posted by GTC Financial on 27.06.2023

Managing High Levels of Business Debt

An important responsibility of leaders is figuring out how to fund business operations and growth plans. 

In the best case, a business will generate enough cash for operations, growth, and shareholder dividends. However, in many cases, leaders need to borrow money for growth and, in tough times, even the operations of their businesses.

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Topics: Business Improvement, Business Planning, Debt Management, Expenses

Posted by GTC Financial on 28.04.2023

Using KPIs to Drive Management Decisions

Key Performance Indicators (KPI‘s)  are important management tools and we encourage business leaders to use KPI’s in their businesses.

What is a KPI?

A KPI is quantifiable measurement or metric which helps track the progress towards business goals. Leaders use KPI’s to make better, data-driven decisions. They also guide behavior, productivity and decision-making, while providing transparency and accountability.

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Topics: Business Improvement, Business Planning, Accountability

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