Company Turnaround

Finance / Business Strategy / Organization Design / Business Operations
CHALLENGE

Small, dynamic R&D Software company that experienced rapid, organic growth, but was underperforming against competitors in the market place.

SOLUTION

Performed top down business operations and financial review, designed and implemented turnaround plan.  Identified and captured new business opportunities by designing and implementing business development and client expectation management processes and procedures, as well as training the staff in the new business development efforts.

RESULT

Decreased redundant staffing by 46%; trimmed expenses to 22% of budget; increased investment return by 15%, negotiated a 40% increase in corporate line of credit; increased top line revenue by 25%; increased profit by 100% and a 34% increase in size of the company over 2 years.