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Is your business growing rapidly, but your wallet shrinking?
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The Good, the Bad, the Ugly. Rapidly growing sales are always welcome, however ramping up production, and reorganizing the firm’s operations creates an insatiable need for more people, inventory, equipment, space and cash. Existing resources may be stretched to the breaking point and can jeopardize a firm’s survival.
With a planned growth and operational plan a company can quickly adjust to market fluctuations. Issues such as cash shortages, outdated infrastructures and operational systems have been eliminated by our structured control systems and analysis plans. At MRG, a business growth specialist, we have worked with a wide array of middle market companies experiencing growing pains. We have helped them improve their cash flow by analyzing their organizational structure, control systems as well as their operational set-up and cost-effectiveness. We realize that companies require different organizational structures to be effective at different stages of growth
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Are you spending too much time putting out fires?
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Fire fighting is resolved best by prevention. A lack of organizational structure will have your personnel jumping through the same hoop of fire, time and time again, but with inconsistent results causing more issues and interfering with production.
One of the initial symptoms indicating that a firm’s is experiencing growing pains is that everyone is spending all their time putting out fires. This is a reflection of a lack of roles and responsibilities.
We at MRG realize that a lack of roles and responsibilities can impact your bottom line. Our experience at analyzing and redesigning a firm’s organizational structure & processes along with proper staffing levels will increase your productivity.
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Are you controlling your growth?
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While growth is necessary, it is equally as important to avoid its pitfalls. In today’s turbulent environment, market conditions are rapidly changing-costs are increasing, profits are shrinking, technology is changing and globalization has increased the number of competitors. Your overhead has grown and your product margins have decreased. How do you win?
Controlled growth requires a delicate balance of several aspects of your business. At MRG we plan, analyze and put into place metrics that will maintain this delicate balance in a volatile market.
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