"energy industry" Posts
CBS Consulting Reviews: The Business Is No Longer Run As A One Man Show
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Situation
From a modest start as a small oilfield meter repair shop over forty years ago, this energy industry business had grown from an “average of 19 employees to 37 employees, in the past year. I purchased two more buildings and thought that I was ready for expansion. Only, I was a mom and pop shop, running the entire business on my shoulders.
Approximately nine months into this new venture, I found myself over my head. I was losing money due to poor management strategies and lack of basic business principles. I was watching my cash go out and ended …
Corporate Business Solutions Reviews: Moving Forward With Confidence & Clarity
Situation
A client in the energy industry for over 50 years, operating as a wholesale distributor of petroleum products, hired Corporate Business Solutions to modernize their financial reporting system.
“Here, we pride ourselves on our tedious bookkeeping and accounting reports. Billing statements, bookkeeping, and accounting reports play a vital role in the daily organization of the business. With our growth, however, and that of the competitive market along with newer technologies coming to the market, we found that our company had outdated and inadequate accounting practices.
We needed help!”
Process
Their business consultant “opened our eyes to the reorganization and …
CBS Reviews: Major Improvements Have Been Made
Situation
The client, a Solar Energy company owned by a man and his three sons, brought Corporate Business Solutions in, “because our dad wanted to retire and the three of us struggled to take over and run the business due to personal issues, etc. We were not making much headway, which made it impossible for our dad to retire. One of us needed to be in charge.” An exit strategy plan was needed!
Process
The CBS team worked to strengthen the existing management infrastructure, so that the current owner would be able to finally enjoy his retirement. “CBS helped us …
CBS Reviews: Much Needed Guidance
Situation
After experiencing rapid growth, the focus for this Corporate Business Solutions’ client, a fuel storage and delivery system supplier, was on increasing sales and profitability as well as refining operations to support these two goals.
Process
The client likened the consulting experience to when, as a young man, he and his father had purchased an old house to ‘fix up’ and sell. His CBS consultant reminded him of that time. “We first sat down and laid out the plan to achieve our goals, which we have adjusted as needs and obstacles surfaced. Our consultant, like my father, had a …
CBS Reviews: We’re A Better Company
Situation
A client involved in providing products and services for onshore and offshore gas and oil, among other industries, hired Corporate Business Solutions for operational improvements. This client was a bit apprehensive, due to a previous negative experience with another firm, which had taken his money and given nothing in return. “Well, after my consultant had been here for just a short while, I knew that CBS was different. I have learned so much about my business and how to make it a much better company for everyone involved.”
Process
“Our consultant had a great way of listening to people …
CBS Reviews: We Thought It Was Too Good To Be True
Situation
The client, a provider of services for the Oil industry, was approached by Corporate Business Solutions exactly at their time of need. The owners had just been discussing “how we were ready for a change, an adventure, a sellout, or something different than what we had been doing.”
They had reached a point of being fed up with the headaches, stress and responsibility of owning their business. “We felt like we kept working harder and harder for a lesser and lesser reward. We were lost, not knowing how to make things better.”
It was only a couple days after …
CBS Reviews: A Real Pleasure and a Learning Experience Working with CBS
Situation
Energy industry client brought in Corporate Business Solutions (CBS) to provide the guidance and direction that their management team required in order to drive a difficult recovery.
Process
The CBS consultants interacted directly with the entire staff, operations and contract personnel, making them feel comfortable and open to new ideas and procedures. Employees were able to take ownership of the changes being implemented.
Result
“I firmly believe their approach to solving problems and issues with all of our processes and their innate ability to cut to the chase with all of our folks allowed us to recover and excel …