"The quick response to inquiries and proactive approach to problem-solving were significant for us. We didn't want to wait a week for simple answers."
The Challenge Navigating a Complex Transition
Scott McMurdo is General Manager of Uniform Safety Signs, a family-owned signage manufacturing business, that was started by his father in 1991. As additional shareholders came in, it became apparent that they needed to transition from a trust structure to a company.
They needed an accountant who was more than just a number cruncher and could provide the strategic financial guidance that Uniform Safety Signs needed to thrive and make this challenging transition. Apart from the transition, Uniform Safety Signs also grappled with operational inefficiencies that were negatively impacting their Gross Profit (GP) and overall profitability.
The Opportunities Quantum Advisory's Expertise and Support
Scott was impressed at how quickly Quantum got to know their business inside and out. Quantum helped simplify the transition from a trust to a company, making the whole process much smoother.
Quantum also identified specific areas for improvement, such as cost control, and provided actionable solutions. Quantum helped Scott and his team understand where their GP was slipping and what we could do to move it north.
The Outcome Remarkable Growth and Financial Success
By bringing Quantum onboard Uniform Safety Signs found a partner who not only could guide them through a complex structural change but could also help them understand how to impact their financials positively.
Quantum’s recommendations and expertise helped fix inefficiencies, which led to lower costs and better profits. The impact was significant and In the last year alone, Uniform Safety Signs’s operating profit improved by 406%.
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