- CA : 1001 Wilshire Blvd, Los Angeles, CA 90017
- NY: 1178 Broadway, 3rd Floor #3067, New York, NY 10001
Despite boasting gross profit margins surpassing industry standards, our client's net profit hovered around an alarmingly low 3%.
A deep dive into their financials revealed disproportionate cash consumption by certain departments relative to their contributions, exorbitantly high payroll expenses, and resource wastage due to lack of shared services.
Additionally, the absence of an expense approval system led to unchecked outflows.
Your team's expertise in strategic cost reduction transformed our financial performance, increasing our net profit margin. These changes have significantly enhanced our financial stability and long-term growth prospects.
Hannah Brown
CEO
Our holistic approach to remedying the client's financial woes entailed a meticulous line-by-line examination of expenses, distinguishing between essential and non-essential costs.
Key interventions included:
The restructuring and outsourcing strategy bore immediate and tangible benefits
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