"construction" Posts
CBS Reviews: A Game Changer
Situation
Agreeing to have a Corporate Business Solutions evaluation was, in the words of this HVAC industry client, “a game changer moment for the business.” The company had survived the worst of economic times, generating more than 20 million dollars over five years, but it also took a loss during the last three—it was time for a business turn-around.
Process
First, “we discussed financial, productivity dashboards, sales goals, profit and loss structure, balance sheets, incentive plans, cash management reports and all the like,” over several days until an agreement and a commitment was reached for a CBS value enhancement plan.…
CBS Reviews: Geared For Success
Situation
A client in the commercial construction industry sought Corporate Business Solutions’ services as their company had sustained several years of losses due to a highly competitive market, being hit hard by the recession and some bad bids. While they were just starting to see a slight gain, “we were concerned about moving forward and recognized that another bad year could put us out of business.”
Process
First, given that construction is a labor driven industry that requires constant evaluation, their CBS consultant identified the key performance indicators that the client had been failing to measure. He facilitated reporting …
CBS Reviews: Our Fourth Time Using Your Services
Situation
Corporate Business Solutions’ services were provided multiple times to utility contractors who have served their industry for nearly fifteen years. The client’s latest consultation was focused upon management training with emphasis on the financial side of the business.
Process
“The first consultation had a lot of information given that we were not yet ready to grasp. The company valuation was performed and tax strategies provided.
The second visit was very beneficial with QuickBooks being organized and the entities straighten out.
During the third visit, we able to obtain a line of credit for our business with the bank, have …
CBS Reviews: I am Now Confident That We Will Flourish
Situation
Before the Corporate Business Solutions’ consultant arrived, the client in the construction field had considered their exit plans, either to close down their 70 year old business or to sell. They had elected to sell, but were struggling, according to the client, “with new people and old ways, and our profitability was poor. I was not sure that the business was going to survive the transition.”
Process
The corporate structure was reorganized, job descriptions and responsibilities created, and new book keeping software was installed in order to better track the client’s overhead. The CBS consultant “taught a great deal …
CBS Reviews: I Fully Endorse & Recommend CBS
Situation
The top priority for this electrical services client was “the continuous expansion of the reputation and integrity of our company as one that our clients can count on to be there for them and to go above and beyond what is required.”
Process
“Moving forward with numerous deliverables specific to those goals,” the Corporate Business Solutions consultant worked with the four owners to lay out a five year growth plan and then “ensured that we were well prepared for this growth by addressing the three critical areas of Sales and Marketing, Operations, and Financial Management.”
Result
She “quickly identified …
CBS Reviews: The Driving Force Behind Our Future Success
Situation
A ten year old, well established metal building contracting business, which had enjoyed varying degrees of success in its history, was lacking clear-cut organizational and accounting systems. This had limited growth and created instability in revenues. The client employed Corporate Business Solutions to address these two key challenges.
Process
The Corporate Business Solutions consultant “quickly analyzed our needs, shortcomings and oversights and was able to put in place a complete organizational package that will not only enhance, but will be the driving force behind our future success.”
This project refined the business’ organizational structure through written job descriptions and …
CBS Reviews: Changed Our Company & Our Lives
Situation
Corporate Business Solutions’ services were required for a family business in the plumbing, heating and air conditioning industry for over 25 years. While the company was not in any financial difficulty, it struggled with employee and material management.
Process
After reviewing the company financials and employee work habits, the CBS consultant dug in and set up three financial spreadsheets and established employee productivity rates. “Wow, what a difference. Now I have the numbers right in front of me, daily, that make more sense.” Technician productivity percentages are posted on a board for everyone to see, encouraging some healthy competition, …
CBS Reviews: A Significant Impact On Our Bottom Line
Situation
A residential and commercial plumbing and HVAC contracting firm was in need of more accurate financial reporting system as well as a tune-up of their operations and sales guidelines.
Process
With the assistance of their Corporate Business Solutions’ consultant, the client was able to hire a new office manager/bookkeeper as well as set up “policies and procedures for the many issues that we face on a day-to-day basis such as job descriptions, expectations from employees, discipline policies and more.”
Other changes included “a formal incentive plan to help motivate our employees and increase productivity. We have also set up …
CBS Reviews: A Truly Successful Engagement Is Never Finished
Situation
A construction materials firm sought Corporate Business Solutions’ insight regarding operating in a tighter economy as opposed to the ‘good years’ and managing the next phase of their growth.
Process
The CBS team reviewed the firm’s records, clearly outlining problems as well as opportunities going forward. The focus was upon what had to be accomplished in order to make their established company more sustainable and profitable.
The lead consultant of the project was “professional, understanding, driven but not overwhelmingly, and knew how to make needs known without impeding the daily workflow that has kept us alive for over 100 …