RESULTS
The $12 million per year corporate client continued to lose money despite annual growth. Mark performed a cost accounting and job bidding analysis, identifying unprofitable activities and customers. He then did a review of accounting systems, which revealed record-keeping gaps that precluded management's discovery of the causes.
Mark then assisted management in devising a plan to improve profitability, including the implementation of price structure changes, elimination of unprofitable business and changes to bidding processes. The business was turned around and ultimately sold, allowing the owner to retire.
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