BerryDunn’s Commercial Practice Group partners with clients to provide insights that inform effective growth strategies, help them assess and manage risk, and optimize return strategies for better profitability. We helped a commercial manufacturer understand how best to grow their company by identifying cost-savings opportunities that could be reallocated to support sales growth.
The challenge
A commercial manufacturer with limited access to outside capital asked BerryDunn to evaluate the company’s performance and make recommendations to improve financial results.
The solution
BerryDunn evaluated the company’s performance, including a detailed analysis of the company’s fixed and variable cost structure. We identified that the company’s sales volumes were the most significant barrier to improved financial results.
Our team interviewed the sales and marketing personnel to identify the largest prohibitors to sales growth and the financial resources that would be necessary to eliminate those barriers.
BerryDunn benchmarked the company’s performance against industry peers and identified potential cost saving opportunities, including:
- Outsourcing activities
- Consolidating positions
- Renegotiating vendor contracts to current market terms
Outcome
With BerryDunn’s support, the company implemented BerryDunn’s cost-savings recommendations and reallocated a significant portion of the newly available capital to support the company’s sales growth initiatives.
Learn more about how BerryDunn helps manufacturers build actionable strategies for short- and long-term success, or contact a member of our team.
Skip to Main Content