CASE STUDIES
SALES
Big Joe Flooring
Accompanied by a visually captivating and highly intuitive online platform
Increased their website traffic by 60% within 90-days
Bay Area Medical
Bolstered by a striking and user-friendly website experience
Increased their website traffic by 50% within 90-days
KC Trim Clinic
Complemented by a visually compelling and highly efficient online presence
Increased their website traffic by around 55% within 90-days
Virginia Healthy Weight
Complemented by a visually compelling and highly efficient online presence
Increased their website traffic by almost 50% within 90-days
One Life Meds
Fortified by a stylishly designed and effortlessly navigable website
Increased their website traffic by 50% within 90-days
West Main Studios
Elevated by a visually engaging and exceptionally user-friendly website
Increased their website traffic by 50% within 90-days
Dr. Jill’s Weight Loss
Augmented by a visually stunning and exceptionally functional online hub
Increased their website traffic by 60% within 90-days
Park City Jiu Jitsu
Strengthened by a vibrant and efficiently operating online interface
Increased their website traffic by 60% within 90-days
PROFITS
Case Study #1
Client
24-Hour Convenience Store Gas Stations
Didn’t have a financial model in place.
Books were a mess and didn’t know it.
Hadn’t filed taxes for 2 years.
Afraid of getting bad advice and lose investment.
What We Did
Created a custom Financial Model.
Showed them how to use Financial Model to make better business decisions.
Set up their books correctly.
Walked through how we set-up their books.
Planned client’s business and personal tax strategy.
Completed all tax filings.
Met with Client every month to review action plans to improve profits.
Case Study 1
Case Study 1 is an owner-operator of seven 24-hour franchise convenience store gas stations. This client came to us as a new business owner who had not filed taxes for the first 2 years of business. They were unsure of how to set up their books or how to proceed. They were afraid of getting bad advice and making costly mistakes. Not only that but they were terrified of losing their investment, which was their life savings, so there was a lot on the line. To their credit, this owner-operator knew how to effectively run each store, even through Covid restrictions and incredibly difficult labor issues that continue through today.
Profit Solutions took the burden of the fear of not knowing off their plate by walking them through how to set up a good book according to the Generally Accepted Accounting Principles (GAAP), and creating a model that showed them just how and what percentage of their monthly revenue they should be using each month against their fulfillment cost, operating costs, lead generation cost, and how to prepare for things like taxes.
We caught them up on their tax filings and have gone further in planning their business and personal tax implications each and every quarter. This allowed the owner to take the time away from focusing and worrying about that and really focusing on their labor issues, on their low performing stores and what to do with them and to make some serious decisions regarding any kind of drain on their revenue but above all to give them peace of mind so that they can start planning for their retirement in the next 5 to 10 years.
This client is now a very confident owner-operator in both the ownership role and the operator role. So much so that the franchise has been recognized and rewarded as top producers in their region and in the United States.
Profit Solutions was very successful in coaching this owner-operator and creating a long-term client that is going to continue being successful by having the means necessary to make informed decisions on how to maximize using the resources.
Helped make client an additional of $100K per year in profits.
Dissolved Client’s fears about losing investment.
Eliminated Risk of IRS issues so client slept better at night.
Client worked less and stressed less using our Financial Model.
Case Study #2
Client
Laundromat
Didn’t have a financial model in place.
Expenses were a mess.
Losing money when first started with profit Solutions.
Limited cash reserves required quick turnaround or would need to file bankruptcy.
What We Did
Created a custom Financial Model.
Showed them how to use Financial Model to make better business decisions.
Showed them how to restructure their debt to give them more time.
Set up their books correctly.
Re-allocated resources.
Business Consulting.
Case Study 2
This owner-operator came to us after a 2-year build out of their shop. The owner used their 401(k) savings to open and build the shop in an urban area and was trying to make not an ordinary laundromat but a laundromat that was a destination for the neighborhood and hoped to franchise it. So they have bigger dreams on how to go forward with this business. The owner needed to sort out what exactly was his capital investment, who and how much the business borrowed funds from, and then how to untangle their personal accounts from the business. This happens quite often with new businesses where you’re trying to start a new business and you put your own money in it and you don’t realize that you’re actually paying bills from your personal account and things like that.
So we had to untangle all these items for this client. Then we also used the model to show them exactly what they’re expenses were and their overhead should be. We used the model extensively with this client to really get them to understand what their fulfillment costs were versus their overhead and that they really needed to bring down quite a bit of that fulfillment costs and get it in line or at least closer to what we have as rules.
By following this procedure and re-allocating some of their resources from overhead and operating expenses, and some lead generation. They actually wind up in creating a profitable within a year, actually about 18 months, but in that first year with Profit Solutions, which included the obstacles of Covid and having to shut down any in-shop customers, so they cannot come in to their shops, so we talked to them about having an outdoor receiving area so that they can drop off their laundry and still have that experience that they were trying to create and they got a buzz in their neighborhood and still continue to grow as we speak.
So Case study 2 has been continuing to reduce their expenses. They had some very heavy leasing contracts that they renegotiated now at this point and they are still going steady and going strong.
Helped client from the red to the black in record time. (even during covid shutdowns)
Help client avoid bankruptcy.
In less than 2 years, help client profit more than $200K.
Client sleeps better knowing that business is solvent and strong.
Case Study #3
Client
Commercial Land Surveyor
Didn’t have a financial model in place.
Hadn’t filed business taxes for some time.
Was delinquent in filing personal taxes too.
IRS was coming down on him hard.
Wasn’t sleeping and life was really difficult.
What We Did
Created a custom Financial Model.
Showed them how to use Financial Model to make better business decisions.
Showed them how to restructure their debt to give them more time.
Solved back tax issues.
Business Consulting.
Case Study 3
This owner-operator came to us with a not uncommon situation of not having filed taxes for some time. And by not filing taxes on the business, it parlaid them into not filing taxes personally.
Each year that passed that had not been addressed for this reason had put each year of a burden on that owner-operator’s head. It was at the point of them being concerned with not only the cost of not filing and penalties of not filing, but really about “Am I gonna lose my house? Am I going to lose my family? Am I going to jail?” This owner-operator was terrified.
Each year that passed that had not been addressed for this reason had put each year of a burden on that owner-operator’s head. It was at the point of them being concerned with not only the cost of not filing and penalties of not filing, but really about “Am I gonna lose my house? Am I going to lose my family? Am I going to jail?” This owner-operator was terrified.
The thing about this operator that was amazing is that they allowed Profit Solutions to come in and slowly walk through each step of how to address this back tax issue. With the help of our tax professional, we were able to create a plan, we were able to go back in time and create a book as necessary to prepare to file for the business and for the personal. Every step closer to the filing this owner became more and more strengthened and more and more relieved. And when we finally did file the taxes and created a plan of payment with the government, that has now been accepted, this owner-operator now has become much more focused on the business, focused on his life, and focused on going forward.
The burden of the back tax issue was crushing this owner-operator, and unfortunately at that time, he had a very good business going, so that was actually in his favor, but he was not taking advantage of it because he was so hard-pressed about how to resolve the tax issue. That’s all he could think of every day when he woke up was “How do I get off of this?”
When we met this owner-operator, aside from letting him know that there would be someone with him as he went through the process, we also were able to use the model to show them how to use what they have, which is a very good business. We were able to identify some re-allocations of resources towards fulfillment. We were able to identify what fulfillment actually meant for this client. And that business is thriving now and will continue to thrive if they don’t sell it because now it has become very attractive to buyers.
So this client’s success story has made a long-term client for Profit Solutions. More importantly though, I think we relieved pressure from the owner-operator so not only could he focus on the business, he could now focus on his family and enjoy life overall. So Profit Solutions really did help these people get back on their feet.
Helped client dramatically increase profits. Client makes an additional $200K a year.
Helped solve their IRS issues.
Business became very attractive to buyers.
Dramatically reduced client’s stress and pressure.
