More Money.

A service company in Central Ohio bottom line changed dramatically because of recommendations and implementations of In The Black, Business Analysts, LLC (In The Black)

Mary, the owner of XYZ Company*, had been having tremendous cash flow issues over the last couple of years.  After meeting with her personal financial advisor, he recommended that she contact In The Black, a consulting company dedicated to improving the lives of business owners.

In The Black is a very unique consulting company.  The Analysts on the team have had years of experience at owning and operating businesses themselves. They also provide REAL improvements in companies’ bottom line immediately while focusing on long-term success.

After meeting with Mary and reviewing her business’ financial statements, In The Black immediately found close to $20,000 in annual savings by expense reductions (This did not include reducing staff or reducing services from vendors.) This $20,000 is a significant amount of savings to this small company that was only netting $20,000 in profit on $700,000 in annual sales.

After reviewing the personal and business tax returns, In The Black found additional tax deductions which meant setting up a meeting with XYZ company’s CPA.  During the meeting, In The Black was able to find $12,500 in deductions that the CPA did not see.  (Mary was tempted to fire her CPA after that meeting.)

The most amazing part of this success story had to do with increasing the bottom line from $20,000 per year to $105,000 per year without increasing annual sales!  Of course this is a proprietary process and makes In The Black different than other advisory service companies.

The story is not over!  This year the team will focus on improving the bottom line by focusing on improving revenue and employee productivity.

Here is what Mary said about In The Black:
“…[In The Black] has provided much valuable insight and practical suggestions for ways to make the business better and more profitable, from ways to trim hundreds of dollars per month off our expenses, to finding out the needs of our clients, etc. All of these changes have been much needed and positive. Our business is becoming much more profitable and efficient, thanks to Alec’s expertise and help….Alec’s help has been invaluable to me and my business and his integrity is of the highest caliber.  I would highly recommend him. He truly is helping me to get my business “In The Black.”

*Not company’s actual name.