Case History#4
 
The Company A 10-year-old graphics services company.
The Problem According to the company owner, Corporate Strategies was to be engaged to arrange additional financing because of a temporary cash shortage. The situation was not so temporary; the Internal Revenue Service was about to close the business and prosecute the owner for failing to make withholding payments. Payables were seriously in arrears, and the company owner frequently made promises to creditors that he could not keep because he did not know when revenues would be received. The business owner was considering a factoring arrangement to deal with the cash flow deficit.
The Solution CSI developed a weekly cash plan that provided accurate information on cash needs and availability several weeks in advance. With accurate cash flow information, we were able to make realistic arrangements with the creditors, including the IRS. CSI also provided the company with customized software that automatically calculated the cost and profitability of each proposed job. Additionally we arranged a meeting for company officers with the company’s largest potential customer and participated in the meeting.
The Result The company achieved a stable cash flow, eliminating the need for the expensive and potentially disastrous factoring agreement. Creditors and the Internal Revenue Service were dealt with according to the agreements, and the company’s credit was not damaged with major vendors. Additional funding was not required.
 
Case History#1 Case History#2 Case History#3 Case History#4 Case History#5
 
New from Corporate Strategies
   
Online Inside Sales Training
  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,
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Corporate Strategies Launches Training Management Practice
  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,
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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