Your External CFO

What is an external CFO + why does your business need one?

Q. 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.

Book your FREE initial consultation

Why choose GTC Financial as your external CFO?

Our External CFO Services include

  • 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.

A client success story

Throughout the course of a year, we were honoured 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.

Ready to Empower Your Business?

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.

Book your FREE initial consultation

Other services

From tax planning to business advisory

We provide the full spectrum of financial services to help your business thrive in regional Australia.

Ready to strengthen your business finances?

Let’s talk about your business goals. Book a consultation with our Gladstone team.

Book your FREE initial consultation