Case study
Franchise Facility Services
~$17M revenue · 45+ employees
+$500K
annualized profit
+$150K
cash collected
+44 pts
profit margin
What we built
- Improved Budgeting & Forecasting system
- Restructured chart of accounts for job-level reporting
- Started department-level reporting
- Prepared SOPs and trained new incoming Controller
Narrative
When we walked in, the owner couldn't tell which jobs were profitable and felt blind trying to grow his business. He had debt to pay off and investors to get a return for. But, he didn’t know where to start.
We started by giving him better visibility into jobs, costs, and forecasting cash flow. With that, the owner was able to get more clarity about the types of contracts he could chase, which meant he could get more aggressive in client acquisition.
Once we gained this clarity, the owner was able to take advantage of an adjacent franchise territory opening up, which accelerated the business’s growth. Growth eats cash, but the clarity and systems allowed for them to remain cash-stable while aggressively seeking new opportunities.
This growth meant they could afford their own internal team, which we gladly helped recruit and train.