Manufacturing & Construction Industry
Second generation family enterprise. Six companies with differing year-ends. Owners had no way of knowing how each company was performing; information was lacking and out of date, manual accounting systems were being maintained, and no formal reporting existed. Losses were in excess of €450,000 annually.
Davis Business Consultants were employed to turn that situation around.
- Formal reporting was introduced, along with the production of monthly management accounts for each enterprise.
- Detailed budgets were prepared and actual results compared on a weekly basis.
- Direct labour costs, sub-contracted labour costs, and direct materials costs were reduced among other overheads. New products were developed.
- Detailed job costing system was implemented.
- Turnover increased by 75% to in excess of €10 million.
- Profits exceeded €750,000 - a turnaround of €1.2m.
- All systems were computerised
Is your business in need of the Davis Business Consultants approach? Contact us today.
Work on your business vs. in it & develop plans for the future of your business...
Ensure that the day-to-day operations of your business are running smoothly...
Develop the skills necessary to manage, and evaluate your employees...
Effectively manage the finance and administration of your business and improve profitability...
Enhance performance, with training and development courses that are customised to meet your specific requirements...
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Davis Business Consultants
Minley House, Newtownpark Avenue,
Blackrock, Co. Dublin, Ireland Tel: 01 288 5563 | Fax: 01 230 0311
EMail: enquiries@davisbusinessconsultants.com
