BFS Outsource CFO Services Value Proposition
8% increase in Gross Margin
We are passionate about working with leaders who want to grow their organizations and business owners who want to take their company from good to great!
Roofing Industry
The company has been in the trade for over 25 years in South Florida with a great brand, name recognition and well respected in the industry. After seeing savings dramatically diminish due to economic conditions, they retained BFS to:
- Validate the current financial information so they may fully understand where the company is today; stop the bleeding; determine the burn rate and breakeven point;
- Increase profitability and efficiencies of the organization;
- Establish accountability within the organization; and
- Upgrade their accounting software.
Within days BFS was able to summarize the financial picture, determine break even, quantify a monthly burn rate, calculate a variable margin, recommend a pricing strategy, create a management dashboard, provide feedback to the leadership of the financial health of the business, and strategies to increase profitability.
In the year since, the company has experienced an 8% increase in Gross Margin due to pricing strategy, cost controls, accountability and timely financial information. This margin improvement resulted in savings in excess of $575,000.
