"construction" Posts
GPS Reviews: Back On Course!
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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 …
GPS Reviews: Tailor-Made For Our Business
Situation
The CFO of a highway and street construction business (in operation for over 40 years) shared that he had some reservations about employing GPS for a value enhancement project due to “a prior experience with a different consulting firm, several years back. The concerns I had, soon went away, as I began working with my consultant.”
Process
“While his knowledge and expertise was vast, I never felt like I was being talked down to, but rather, I felt like I was treated by him as an equal. He listened to what I wanted to achieve and developed programs, processes …
GPS Reviews: Employees Taking Greater Ownership
Situation
A distributor and installer providing automated doors as well as service and maintenance for commercial clients since 2005, employed GPS “to make the kind of changes to the business that I have long hoped for, but I have been unable to institute, either due to the lack of time or expertise, on my part, or that of the staff.”
Process
Having the GPS consultant on site and interacting with the management team and employees made change possible. She built a “solid foundation,” developing the systems and practices to make operations run smoother and boost revenue.
“Now that some …
GPS Reviews: Changed The Business & The Way We Think
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 …
GPS Reviews: Offered A Seat On The Board!
Situation
GPS entered the picture to provide a client in residential new construction with a business adviser and mentor regarding issues related to improved management of the company. Although, the client expressed some reservations about the sales process of connecting with GPS—his initial salesman’s appointment, unfortunately, had been rescheduled with short notice, he expressed that he was very happy with what came of it.
Process
Numerous projects were undertaken, but several stood out to the client as especially exciting. Number one was uncovering a revenue generating, business growth opportunity, or what the client referred to as a ‘game-changer,’ that had …
