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Posted by GTC Financial on 10.09.2020

Five ways to recession-proof your business

Economies tend to face headwinds every ten years as the business cycle moves from periods of growth to contraction. While recessions are challenging for small and medium businesses across Australia, it doesn't mean there aren't significant opportunities to strengthen your business and come out of challenging times stronger and more profitable. In this article, we're sharing five ways you can recession proof your business.

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Topics: Wealth creation, Risk Management, managing business risk covid-19

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 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 Jody Smith on 1.05.2020

From Survival to Resilience: Shifting the Focus

Business survival has been a popular topic in recent weeks but businesses are shifting their focus to resilience. What does it take to build businesses that can survive AND thrive in the longer term… while insulating them from a recurrence of recent events? It’s not about picking up where we left off because what worked in the past may not work in the future. Let’s take a look at the attributes of resilient (or sustainable) businesses.

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Topics: Business Planning, managing business risk covid-19

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