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Case Study Business Advisory Service

Spotlight on success—see how we advised a business owner and provided options.

Case Study #12 Small Business Advisory Service

New opportunities. Explosive outcome. How a business owner realized increased income and satisfaction.

A public employee wtihout any formal business background or training and was given the opportunity to start and run a coffee kiosk.  The business took off.  But given his full time job as a public employee he needed help.  He turned to his wife who partnered with him as his chief operating office to make the business a success.  Soon they opened a 2nd and then a 3rd coffee kiosk.  And not long after that a 4th, 5th and 6th kiosk.

So while the business was booming and the income was great, the expansion put added responsibility on the chief operating officer.  She found she was working early in the morning to ensure employees where at the right place at the right time and also working until late each night managing the business, finaces and handling employee challenges.

That’s when their attorney contacted us.  The entrepreneur was considering franchising and the chief operating officer wanted to conisder selling some of the operations.  The owners ask us to provide advice and provide insights on what could be done to both enable the entrepreneur to realize his dreams of expansion and the chief operating officers goals of a manageable workload.

Our team conducted a complete business evaluation including meeting with the business principals, onsite visit at their coffee kiosks, discussions with employees, a full review of their financial statements, reseach on competitors and other frachise operations in addition to business valuation services.

At the end of the project both of the owners of the business felt they had solid insights from which to make informed decisions. In addition our team developed a number of additional innovative approachs to meeting both the CEO and the COO’s goals and objectives.  They choose one of our alternatives as their path to meeting their goals and were very happy with the outcome.

Clear insights and alternative enabled informed decision making.  A win for all!

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