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| Case
History#2 |
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| The
Company |
A
computer reseller dealing in a niche market.
Rapidly advancing technology and generally
declining prices caused the company’s
margins to shrink drastically. |
| The
Problem |
Although
sales were good, revenues were not supporting
the company. Much of the financing was
being done involuntarily by suppliers.
One of the major lenders was owed more
than $3,000,000 and was about to call
the loan. Management of the company began
looking for replacement capital. However,
because of the company’s financial
condition, the more obvious sources of
new funds were not available. |
| The
Solution |
Corporate
Strategies surveyed the company’s
situation and suggested that outside capital
would not be the best answer, even if
it were possible. Because of the entrepreneurial
management and a lack of operational focus,
systems throughout the company were inefficient
and ineffective. We worked with management
to refine the warehousing, administrative
and service functions, negotiated with
the major lender and other creditors,
and provided sales and management training
to the company’s employees. |
| The
Result |
The
breakeven point was reduced by 40%, and
the lender forgave more than half the
debt. At the end of the engagement, the
improved systems were continuing to make
the company more profitable. |
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| New
from Corporate Strategies |
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Online
Inside Sales Training |
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Inside Sales for the New Century,
an online, selp-paced course for new and experienced
inside salespeople is now open for enrollment
at the Center for Distribution Education.
For details on the course,
Click Here |
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Corporate
Strategies Launches Training Management Practice |
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Contending that dollars spent
on training should be returned multiplied to
the bottom line, Corporate Strategies, Inc.
has launched a consulting practice that will
manage training for distributors.
Dubbed "ROI Training," the methodology
used by CSI builds and manages a curriculum-based
training plan for clients and provides evaluations
in terms of behaviors, direct results and bottom
line results. To learn more about ROI Training,
Click Here |
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Corporate
Strategies, Inc.,
2300 Henderson Mill Rd., Suite 312, Atlanta, GA 30345 1-800-783-1239
or (770) 491-1239 • FAX: (770) 496-1067
e-mail: corstrat@mindspring.com |
| ©2004
Corporate Strategies, Inc. All rights reserved. |
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