A little over a year ago we were contacted by a growing auto-parts company based in the North West. Their business was good and the management team were ambitious but the business wasn’t breaking any records and they wanted to kick it up a gear.
In order for the business to achieve its goal of becoming highly profitable, four key objectives were outlined which had to be achieved:
- Increase the number of customers
- Increase the number of times customers purchased
- Increase the value of each customer’s spend whenever they make a purchase
- Improve efficiency within the organisation
In less than 12 months the company has merged its three separate, but similar, businesses under one trading company to streamline its stock and accounting systems. We have also implemented Xero accounting software into the business, giving them complete control over their finances.
In addition, we now provide bookkeeping services to the company at a fraction of the price of them having to employ a full time bookkeeper, leading to a substantial saving for the business and freeing up the managing director’s time to do what he does best – Selling.
Finally, because of Xero, the director now has access to invaluable management information, prepared regularly by us, which has enabled him to accurately monitor the performance of the company and contribute to its development by making clearer decisions regarding the company’s future growth.
If you’re ambitious and have the drive to grow your business even further, give Graeme Hindley a call now on 01925 761 600 or email firstname.lastname@example.org to discuss how we can take your business to the next level.