I helped a Fractional HR client with her systems, forecasting, accountability, processes, and strategic partnerships to maximize profitability for 2023 and set up for continued growth in 2024 and beyond.
Business has grown in 3 years by referrals only with no real system or plan in place to continue steady growth. The owner was ready to take the business to the next level but didn’t know how to scale the growth for sustainability without overextending herself.
EHR saw my experience owning and operating 3 businesses and co-owner and COO managing systems and people. This was an invaluable supplement to her business to bring insights and operating methodologies that can easily be adapted to the business’s goals.
We were able to achieve a sustainable growth plan, secure and retain clients seeing 20% growth in revenue, narrow the scope of clients and type of work EHR focuses on and lay the foundation to set up the owner to retire in 10 years.
The outcome for 2024
Hiring support staff so the owner can focus on working “on their business” while hiring staff to work in the business.
Maintain 50% gross margin while increasing net margin from 15% to 20% while obtaining 100% growth in revenue.