A case where Smith Group Consulting assisted with a PROFIT ISSUE
Situation
A thriving trucking operation was experiencing explosive growth but could not improve profitability.
Action
After reviewing the financial operations, Smith Group Consulting determined that company had no system that promoted fiscal control. Smith Group Consulting assisted the company in developing a pricing and budgeting system that assured that costs were controlled and prices were adjusted on a timely basis to achieve targeted margins.
Result
Over the next three quarters, the company’s profits doubled each quarter. The company has met targeted profit margins each year since implementing Smith Group Consulting’s suggestions.
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