Improvement in profitably required to support older partner’s retirement. Opportunity exists for growth through acquisition of competitors. Company must reduce costs and involve key employees in operations to assimilate acquisitions into the business.
Focused staff on deliverables and provided strategic messaging for internal and external communications
Development of organizational structure and job descriptions enabled Senior Management Team to take on management responsibilities formerly done by CEO
Regular team meetings clarified company direction and enabled managers to share best practices
Focus on sales targets and strategic pricing improved year-over-year revenue by 10%
Development of the strategic plan enabled company to undertake three successful acquisitions over 16-month period. Combination of reducing costs and improved revenues took company from significant loss to positive EBITDA over 16-month period
Older brother successfully stepped back from operations
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