If your business in the Food and Accommodation Services industry is having some problems, William Advisory Group can help you you identify problems and implement changes to return your business to solvency. Often times, we find that there are areas of a business which need attention, that business owners just don’t have the time to address. This is where William Advisory Group can help. We specialise in consultancy for optimum business performance improvement. Unlocking your businesses true potential and maximising your profit is our expertise.
Apart from food and accommodation services, our experienced team has worked across a range of different industries, with businesses from SME’s to ASX 100 completing the following:
We have prepared a sale and exit strategy which produced a 60% improvement in their net gain/benefit by identifying loss making activity. Working with the Directors, we implemented the exit strategy and restructure a $300,000 liability.
With our work in the construction industry we recently freed up a 25% monthly free cash-flow. By streamlining the business structure, FTE was reduced as well as statutory costs.
Reviewed recurring expenditure items and successfully negotiated more favorable trading terms resulting in a bottom line improvement of over $1.3m. Prepared and implement strategic and operational plans which provided the business with a path to success.
Streamlined staffing requirements, offshore admin costs, reduced taxable outcome and added 20% free cash flow to the business.
Working inside this fast-growing business, we collaborated with the management team and external accountants to streamline staffing requirements, offshore administration costs, reduce taxable outcome and added 20% free cash-flow to the business. Further, we have implemented strategic growth plans and budgets, improve staff productivity and increased profit by more than 60% in 3 months.
Successfully re-engineered strategic plan for one their flagship events (historically loss-making) to make their first profit (over 5 events). 360 review of high cost travel area resulting in a 30% ($500,000) reduction in travel expenses.