GPS Reviews: Back On Course!

Situation

A construction firm hired GPS to assist their new company president with a turn-around project. “We have been in business 18 years with revenue around $5 million for the past 10 years. In 2008, the market presented our firm with challenges, which brought a lot of our company’s weaknesses out into the light. Since then, this company has struggled to make any profit for the owners, while maintaining our revenues.”

Process

“GPS and our consultant have been able to provide direction for me as a new president in matters of company budget, direct cost of projects, overhead consumption, gross profit and, my favorite, net profit. Having a partner with the knowledge and tools to analyze our company has been very helpful. We were able to quickly lay out a plan for this company to navigate towards profit over the next 7 months.

Along the way, our consultant has also helped support us through our company’s weak points such as cash flow projection, bookkeeping, and finding capital. He offered much needed training for our controller that will go a long way in freeing up my time and allowing me to focus on producing sales. His coaching of our entire team, in our company meetings, has also been extremely rewarding.

The work performed by him has been an enormous success, already, and I am thrilled to further implement the numerous strategies that we have laid out. I’m grateful for his mentorship, the entire way, which has given me a fresh perspective.”

Result

“I am very pleased with the work that GPS has performed for our business, in the short amount of time that we had, to set this company back on course.” Additionally, the client shared, “I look forward to growing this company to a point where I’ll need to call GPS back for assistance, but this time, for tax purposes—due to our growing profit.”   Peter, President