A multi-tool is provided having a plurality of tool-receipt openings adapted to receive respective tools, wherein at least one of the tools is a slitting punch. In some cases, the slitting punch can be centrally positioned/oriented in the multi-tool. The multi-tool includes a guide plate configured to connect a driver assembly of the multi-tool and a selected one of the tools of the multi-tool via a drive mechanism. In some cases, the guide plate has a plurality of openings through which protruding portions of the drive mechanism correspondingly extend. One or more of the protruding portions extending through the guide plate openings are positioned in front of the desired tool-receipt opening. Adjustment of the drive mechanism can result from corresponding adjustment of the guide plate and/or corresponding adjustment of the driver assembly head.