Wholesaler Distribution Services
William Heller Associates was engaged by a forms and marketing company with three employees doing less than $1 million dollars in revenue as its Certified Public Accountant. The company annually has grown at a rate exceeding 10% per annum by expanding its market strategy to encompass additional services to its initial customer base.
We have worked closely with the company in developing an annual budget with monthly reviews. As a result of this structure, the company has now exceeded $4 million dollars in revenue with 28 employees.
The constant monitoring of the actual results against plan has enabled the company to be highly profitable and maintain a substantial cash position and backlog of business. The return on revenue has been generating sufficient cash flow, that management has purchased office space in an office condominium in California to meet its growing space requirements.
- Date: January 24, 2017
- Category: Accounting, Consulting, Management