Business Expansion
Ward Goodman Case Studies
Business Expansion
Streamlining for Future Success
In a highly competitive industry, our client recognised the need to evolve. They identified a strategic opportunity to streamline their internal processes and integrate new technologies, aiming for both significant cost savings and the creation of a valuable additional revenue stream.
Ward Goodman's Solution
Working closely with our client, we leveraged our business advisory expertise to provide comprehensive support. We helped build robust budgeting and forecasting models and meticulously mapped the financial structure to ensure the expansion was entirely viable.
A key part of our advisory involved setting essential success factors, such as Key Performance Indicators (KPIs) and a minimum Return on Investment (ROI) needed, alongside providing assurance for a viable business plan to potential lenders.
The investment enabled significant growth for our client, including:
- A new additional location for their operations
- The introduction of two new revenue-generating service lines
- Significantly increased visibility and distribution channels to potential customers across the South West
The sheer size and scope of this expansion required significant collaborative work from a multitude of professions, both from within the Ward Goodman group and our external partners. Everyone involved was dedicated to ensuring the investment was optimally utilised and all taxes were mitigated where possible.
Client Case Studies
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