"Financial Reporting" Posts
GPS Reviews: Prepared For Our Company’s Future
By 
Situation
Client from an oil and gas field services company scheduled a return engagement with GPS Consulting “to try to put us back on track after several years of not carrying out all of the things that our first consultant had set up. Our company was working hard, making money, but not planning. I would say that we were flying by the seat of our pants.”
The future of the company would quickly become the focus of this project.
Process
Moving beyond diagrams and discussions of business practices, the GPS consultant, “took the time to go into the field and …
GPS Reviews: Tackled The Good, The Bad, And The Ugly
Situation
Husband and wife owners of drug, alcohol, and paternity testing service with three locations, hired GPS for a strategic planning project “concerning our lives, business and future.”
Process
“What an awesome journey,’ shared the wife. “We have looked at the good, the bad, and the ugly. Our GPS consultant has helped us with the ugly, making sure that we realized that it was not all our fault. This means the world to us, because we wanted to take the blame for all of it. You helped us to understand that it doesn’t matter, we just go forward from here …
GPS Reviews: Came To The Rescue!
Situation
The owner of a popular and well established restaurant needed GPS’ assistance evaluating her business operations. “Having lost everything (friends, home, business, autos) in Hurricane Katrina, I was facing, yet another, total devastation as my newly renovated restaurant seemed to be slipping away, despite fairly healthy sales numbers.”
Process
The GPS analyst and consultant favorably impressed the client. “When I tell you I have learned more about the restaurant industry and financial operations in the last three and a half days from them, than I have gleaned in over forty years in the business, I am not exaggerating.”
Her …
GPS Reviews: Shaking Up The Status Quo
Situation
The owners of a commercial flooring company were dealing with a low margin, which resulted in cash flow issues. “Prior to GPS, the cash flow volatility created great stress for me and Joe. We were resigned to the status quo and we did not foresee our company growing, beyond its size, at that time.”
Process
“Upon arriving,” the GPS consultant “evaluated our 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.”
Numerous new procedures, protocols and metrics were …
