GTB’s Managing Director, Clinton McDonald visiting the owners of Animal Crates.
Introduction
Animal Crates, a successful business owned by Greg and Christine Jacques, embarked on a transformative journey with GTB Growth Sessions. This 3-step growth strategy, designed to sustain wealth preservation, proved to be a catalyst for their success.
Step 1: Managing Cash Flow
Recognising the importance of cash flow management, Greg and Christine focused on reducing debtor days and quantifying their owner/director remuneration. These strategic adjustments ensured that the significant increase in turnover didn’t strain their financial resources.
Step 2: Improving Profitability
To enhance profitability, Animal Crates implemented several measures, including increased labor productivity, optimised pricing for certain products, and selective overhead reduction. These initiatives collectively contributed to a significantly healthier bottom line.
Step 3: Preserving Wealth
The ultimate goal of the GTB Growth Sessions is to achieve sustainable growth, leading to a successful exit. Animal Crates’ journey culminated in a sale that exceeded their initial expectations, a testament to the effectiveness of the program.
The GTB Growth Cube Sessions Experience
GTB’s Growth Sessions are conducted twice annually, in July and February, via private video conferences. These confidential sessions provide a platform for clients to ask questions and receive tailored guidance. To ensure personalised attention, the sessions are limited to 6 participants per session.. Book a Growth Session with GTB here.
Conclusion
Animal Crates’ success story highlights the transformative power of the GTB Growth Sessions. By following the 3-step strategy, Greg and Christine were able to optimise their business operations, enhance profitability, and ultimately achieve their financial goals.