Value Added Finance Resources

High Growth

You now have customers!  Sales are coming in!

That presents a whole new set of challenges.  How can you capture it all?  How can you do it without blowing through your resources?  How do you keep your product and service level up?  How do you take on all the additional work?

We have been there before in some very high growth situations in different industries.  We bring in this experience to help you through this exciting but very critical stage in your company.  It is often not the best product or service that survives, but rather, the company that executes the best (how many of you still have a Betamax VCR?).  We help you be a survivor:

  • We know how to juggle.  Some people are great at focusing on one thing and doing it well.  You don't have that luxury at this stage and need the right kind of help.  We are that type.
  • We have been in extreme growth.  One example is the toy company below that grew over 400% in one year- see more below.  When you have been involved in hyper-growth situations where you had to move quickly or lose business, you learn how to get at it fast.
  • We move quickly and make things happen.  There is an opportunity cost.  You don't have the time for a long build.  We get things done.  A telecom client realized that they were about to launch their service but did not have a useful tool for their salespeople to do quotations.  The IT department had its hand full on work getting the service launched, so they could not take it on.  We built a powerful tool for them in time for the launch that was used even up to when the company was sold.  We got it done when they thought they had nowhere to turn.
  • Planning.  We help you tell what resources you will need.  We have a powerful, integrated financial model that can be customized to fit your business.  We can build in powerful simulations to you can test a range of scenarios and make sure you are covered.
  • Executive thermostat.  We can program in scorecards so you can keep pulse on how your company is doing.
  • Financial reporting.  Time is critical - you need to know quickly how you are doing and have an accurate picture.  Too often we see smart people making poor decisions that appeared to make sense.  Bad information can lead good people to make bad decisions.  We get the numbers right for you.  We fix the system, develop the processes and train your people so you get the right numbers very fast.
  • Customer value.  New customers may be coming to you, but are they the right ones and are you paying too much for them?  We can help you understand the true value of acquiring and maintaining your customers, to help you shape your marketing strategy. 
  • Managing your resources.  We help you manage working capital and other resources, so you don't hit the wall and have to suddenly turn away business.
  • Financing.  Your growth can open up new and better financing opportunities.  We can help you get packaged better to prepare for the road shown and increase your odds of being able to raise more money.
  • Growing pains.  As well as you prepare, something will come up that you did not prepare for.  We help you get through it.
  • Network.  We can help you tap into additional resources across different functional areas as needed.

Among the high growth situations we have been involved in are:

  • A toy company, where we headed finance and operations, grew over 400% in one year when they released a product that became one of the top sellers.  We made the moves to revamp finance and operations the year before that made this growth possible while adding very few people.  Otherwise, they could not have scaled up and would have turned away much volume.  We also made the appropriate mid stream adjustments once we knew we had a hot product on our hands.  It was also profitable growth, helped by our guidance on their marketing strategy, convincing them before launch that there was a gap in the market and so this product could command a premium price.
  • At a pharmaceutical manufacturer where we were the CFO, once we completed our turnaround moves, we went through some extreme growth, going from $8 million to $52 million in just two years.  The groundwork we had laid in the finance and IT areas provided the infrastructure to effectively handle this growth without adding more than a handful of people.  We went from losing money to earning 56% net income after tax on sales, the highest in our industry.
  • For a telecom client, we did a variety of projects, helping them go from launch to $200 million in just three years.  Another example of hyper-growth.  During this time we helped the finance, marketing and revenue assurance areas.   In particular we helped them set the rate plans and built tools for their salespeople, which helped them capture the business.  Then we helped them get bad debts under control, which then turned this into profitable growth, without which they could not have sold the company.

Three very different industries, yet examples of three firms where we came in and had an impact.  All three firms found a niche and were able to take on the customers and volume of business, without having to turn away business.  All three firms grew very profitably.  As a result, all three of these firms were later able to be sold. 

We helped them prepare for growth and get past growing pains?  How can we help you?