The Case of the Unmanaged Growth
When a highly successful mechanical contractor started to expand into general contracting they faced increased fixed expenses and decreased gross profits. The client was stressed to find that they were sliding towards a break-even point.
Scarrow Yurman & Co listened to the goals of the shareholder and analyzed the financial controls in place. We recommended implementing a job costing solution and better internal controls. Ultimately we helped our client withdraw from general contracting jobs and focus on their sub-trade of expertise.
Now our client manages their contracts in a proactive and profitable manner and understands the metrics that need to be monitored and what business lines are the most profitable.