29 Roseberry Street, Gladstone QLD 4680
07 4972 5177 | admin@gtcfin.com.au
Are you experiencing any of these pain points in your growing business?
Struggling with accurate financial forecasting?
Facing cash flow issues that hinder growth?
Overwhelmed by complex compliance and taxation rules?
Finding it challenging to develop a strategic growth plan?
Need better data to make informed decisions?
At GTC Financial, we understand the unique challenges that small to medium business owners face as their businesses grow. Our External CFO services are designed to provide comprehensive financial management, strategic planning, and expert guidance to help you achieve sustainable growth and success.
We anticipate your needs. Our team stays ahead of financial trends and regulatory changes to ensure your business is always prepared. With GTC Financial, you can make informed decisions with confidence, knowing that your financial strategy is proactive and forward-thinking.
Custom solutions for your business. We understand that every business is unique, which is why we develop personalised financial strategies that align with your specific goals. Our approach ensures that your business growth is both sustainable and scalable, addressing your specific challenges and opportunities.
Access to experienced financial professionals. Our team of seasoned CFOs brings a wealth of knowledge and expertise to your business. We provide insights and guidance that drive performance and profitability, helping you navigate complex financial landscapes with ease.
Focus on your core business while we handle the finances. By partnering with GTC Financial, you can trust that your financial management is in expert hands. This allows you to concentrate on what you do best, while we ensure your finances are optimised for success.
We handle all aspects of your financial operations, ensuring accuracy and efficiency in financial reporting, budgeting, and analysis.
We work with you to develop strategic plans and forecasts that align with your business goals, helping you anticipate future needs and opportunities.
We help you manage and optimise your cash flow to ensure your business has the liquidity it needs to operate smoothly and grow sustainably.
We ensure your business remains compliant with all relevant regulations and provide expert tax planning and advice to minimise liabilities and maximise savings.
We identify and mitigate financial risks, protecting your business from potential threats and ensuring long-term stability.
We continuously monitor your financial performance, providing regular reports and insights to help you make informed decisions and drive improvement.
Throughout the course of a year, we were honored to collaborate with this client. By honing in on a few critical Key Performance Indicators (KPIs), they significantly enhanced their business operations.
Key Performance Indicator (KPI) | Jan-Mar 2023 | Apr-Jun 2023 | Jul-Sep 2023 | Oct-Dec 2023 | Comments |
Gross Profit | 53.4% | 64.1% | 45.4% | 62.3% | For this client, the margin varies with the type of work (labour heavy = higher margin, materials heavy = lower margin), but a focus on ensuring margins are maintained with increasing cost of materials, resulted in a better than industry average margin. |
Net Profit | 0.4% | 6.6% | 9.9% | 12.7% | A stronger focus on general expense reduction, resulted in an increase in net profit. |
Wages as % of Turnover | 49% | 47% | 46% | 39% | A stronger focus on productivity and scope creep resulted in better recovery and increased income. |
Debtor Days | 150 | 115 | 97 | 48 | Stronger focus on debtor control such as invoicing promptly, consistent process for collecting overdue payments. |
Contact GTC Financial today to learn more about our External CFO services and how we can help your business achieve real, sustainable growth. Our team of experts is ready to provide the guidance and support you need to thrive in today’s competitive market.