GPS Reviews: Changed The Business & The Way We Think
By 
Situation
GPS was engaged by a commercial flooring company, which the clients described as having “a low margin, which resulted in cash flow issues. The cash flow volatility created great stress. We were regulated to the status quo and did not foresee our company growing beyond its current size at the time.”
Process
Upon arriving, the GPS consultant evaluated the clients’ estimating and accounting processes. “The first discovery was that we did not understand the difference between mark-up and margin. He also determined that we had no budget forecasting, in place. With his help, we now have a correct margin and a budget forecast, which allows us to see 8 weeks of cash flow. These two items have made an invaluable impact on our business and the way that we think.”
Result
“Every part of our business was improved by the expertise and knowledge of our consultant along with the tools that GPS provided. He went through every aspect of our company and developed the methods that we use today to plan, assign, execute and review.”
Work was focused on the major areas of management—accounting, operations, sales & marketing and corporate & administrative. Numerous procedures and metrics were implemented including “our Profit & Loss and Balance sheets were organized properly; found sources for operating capital; improved field to office communications; created a material procurement process; streamlined the procedure for tracking sales, estimating, and marketing efforts; developed a strategic marketing plan, an in-depth list of metrics as well as an incentive plan for employees.”
“With the assistance of GPS, and, especially, our consultant, we now have the knowledge and tools to grow our company and increase profitability.
Joe and I are very grateful that this opportunity was presented to us and would highly recommend GPS to other businesses.” Andrea and Joseph, Owners
