Building Up the Demolition Business
The demolition sector business was floundering. There were no apparent controls in place and the business was not making money. The owner was consumed by a family crisis, and had neither the time nor the funds to take advantage of plentiful growth opportunities.
Peter Millard was brought in to establish some systems and processes to make the business run smoothly and to enable the owner to grow the business.
- Recruited an operations manager and part-time bookkeeper.
- Increased pricing between 25% and 50%.
- Prepared a business plan.
- Negotiated with the bank to provide working capital.
The business has secured a number of major contracts and has been able to invest in additional equipment. The business has grown four-fold.