An HVAC business was losing $200,000 per year for three straight years. The owner was six months away from closing its doors after being in business for more than 40 years.
The executive team at PRemployer interviewed the business owner, its employees and reviewed its books. A plan was devised by the PRemployer team.
The PRemployer team took a $300,000 negative cash flow situation and turned it into a $300,000 positive number. It cleaned up its inventories, brought its financial statements up to date and restructured its staff for increased productivity. The plan took two months to complete and turn this HVAC company around and has now made more than $150,000 in net profits for more than three years.