"profitability" Posts
Global Resources Reviews: To Ensure Profitability Amidst Growth
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Situation
As the owner of a successful business selling garage doors and installation, along with other home improvement products, the client sought Global Resources’ assistance with a restructuring project to “establish a climate of change that would allow me to confront issues impacting the profitability and functionality of my company.”
“As a small business owner that had built and managed a business from the ground up with no formal training, I had been challenged in effectively managing the growth that we have experienced over the past year.
Furthermore, my staff and I were not equipped with the knowledge and tools …
Global Resources Reviews: Cannot Overemphasize Our Satisfaction
Situation
The client, president of a 33 year old architectural firm, sought Global Resources assistance with financial and productivity management. Five years ago, the client’s original partner had passed away and then two years later, the client was unavailable due to a medical issue. The firm survived, due to the “dedication and willpower of my associates, but it was operating at a loss financially and suffering in organization, accountability and morale.”
Process
“In just two weeks of intensive dedication, quick understanding and perception of our situation, the GR consultant has been able to help us institute a new bookkeeping program, …
Global Resources Reviews: Improved Corporate Operations
Situation
A family-ran electrical contracting firm, in business for four generations, decided to use Global Resources “to improve profitability from our non-construction profit centers as well as improve their overall operations.”
This included structuring the management compensations packages for these centers, along with setting realistic goals to use in comparing achievements versus expectations. A performance dashboard was also created “to compare important non-financial results to those targets in order to make course changes before issues became serious problems.”
Process
The Global Resources consultant “worked with us to determine specific business expansion plans, define managerial accountabilities, and track results in each …
