"Construction" Posts
Looking Forward To Running A Profitable Business!
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Situation
This Global Resources client, the owner of roofing and siding company for over 20 years, was seeking guidance in determining whether the business was operating at a loss or making a profit. “My background was in roof installations and what little I know about running a business came from the school of hard knocks. I have survived, but I was always behind on my bills, or a job short of breaking even. I never knew if I truly was making or losing money.”
Process
The Global Resources consultant worked on refining and streamlining operations and finances. He took the …
Global Resources Reviews: Being Proactive Rather Than Reactive
Situation
The client was the third generation owner of a construction business, founded in 1950, providing custom concrete work to residential and commercial clients.
“I decided to use Global Resources in order to improve profitability, primarily, through improved internal communications and defined accountability for each key position. We also wanted to be better able to reward those employees making the greatest contributions relative to individual performance and budget targets. Although, the business has been profitable, we were continuing to operate by reacting, often unprofessionally, to current challenges.
We also knew that we needed to significantly improve the level of internal …
Global Resources Reviews: ‘YES, WE CAN!!!’
Situation
The client was a commercial builder whose firm specialized in steel buildings design and construction for over 20 years. “I was excited, yet, skeptical when Global Resources crossed my path. To realize that my dreams and goals were obtainable, systematically, reasonably, and in the timeframe needed, was almost too good to be true. I already knew the basic things that were keeping us from being a thoroughly professional company, operating at the top of our market, but I didn’t know how to make the needed changes.”
Process
From the very first meeting with his Global Resources analyst and consultant, …
Global Resources Reviews: On Track To Double Sales
Situation
Global Resources was engaged to resolve some ugly sales and operations problems for this client. “My operation was not very pretty on the outside or even up close,” shared the founder and owner of a firm offering residential and commercial building and remodeling services.
Process
After analysis and evaluation of existing procedures and processes, the Global Resources consultant working on implementation of solutions to not only spruce up the corporate curb appeal, but to create the foundation and the functionality needed for long term growth.
“She has helped us to develop a cash flow management system, which we had …
Global Resources Reviews: Motivated To Become Better
Situation
Global Resources’ assistance was required by a client providing drywall contracting services in order to take the company to the next stage of its development.
Process
It was total immersion as the Global Resources consultant taught everything from budget planning to production performance to the amount of sales needed to make a profit. “Gross margin and key indicators were all new to me. Part of me wonders how we have survived up until now! All of these things should help us to move our company to a new level that will be a legacy for our children to continue.”…
Global Resources Reviews: A Plan + Tools To Be Successful
Situation
A client in landscaping/construction, specializing in pools, ponds and water features, was made aware, by the Global Resources’ analyst’s numbers and graphs, of “just how badly the company was leaking revenue.” That was when he decided to hire GR, “I knew that something was wrong, but I couldn’t quite put my finger on what would be the solution.”
Process
The start of the engagement focused on “further analysis of cash flows and efficiencies for us and began to show the information and principles that would take us forward.”
Then, “working closely with our consultant, I was given the financial …
Global Resources Reviews: No Longer Complacent
Situation
Although it was “a struggle, at the beginning,” this client in the construction industry, brought in Global Resources to address restructuring that was needed for future growth. “It wasn’t easy to accept that there were so many areas that could use improvement.”
“We had become quite complacent in our 62 years of conducting business in the usual manner, so to speak.”
Process
The Global Resources’ consultants “have helped us to establish new procedures that will enable us to be much more efficient with our time, production, accounting, sales, sales management and, essentially, every aspect of doing business.”
Most impactful …
What Lies Beneath
By Where is your company’s value lurking?
In combination with mapping the value of the entity or benchmarking, an owner must ascertain other aspects of the business that differentiate it from the pool of existing industry participants.
A professional business valuation, conducted by an objective expert, is the vehicle that identifies where a company’s underlying intangible value is lurking to help sellers increase shareholder wealth, as well as obtain a better deal price and identify strategic buyers.
In some cases, the intangible value of the business is far more valuable than the actual tangible value of the business. There are two …
