Following the first workshop which was packed to capacity, and the great interest of all the participants, Lakewood business owners are invited to second workshop and Q&A session with Phil ‘Avner’ Costeff, a management consultant who has consulted hundreds of businesses owners nationwide. This 2 hour workshop explores business tools useful in restructuring a business to achieve desired profit goals. Restructuring is useful in turning around businesses that experience reduced cash flow, lower sales, and imbalances between overhead and gross margins. It is essential when scaling up a business, and in freeing up owners to work on (instead of in) their business. This is the second in a series of workshops for Lakewood business owners and managers. It includes actual examples that have worked for real companies. Participants will have a chance to begin working on their turnaround plan. It is useful (but not required) to bring a copy of your financial statements so you can work on your turnaround plan (they will stay in your hands, and remain confidential). You should also bring a calculator. The material covers the 3 main areas of business: Sales/Marketing, Operations, and Finance. You will receive business tools to reduce costs, improve productivity, and increase sales. However this workshop is not the end, but rather the first step to achieving reaching your profit goals. So participants will receive additional materials and support. Businesses that meet the selection criteria will be eligible for a no-charge analysis of their business. The business analysis applies the tools covered in the workshop to the specific business, in a confidential, one-on-one setting. The results form the basis for a customized turn-around plan for that business. Registration: Call E-Source Place: (732) 987 3958, or email them at: [email protected] Info: For additional information, and to see if your business fits this workshop, Contact Phil ‘Avner’ Costeff at 303-502 5288 [email protected]
Phil ‘Avner’ Costeff, is a management consultant, and founder of the Small Business Olympics. He holds an MBA, travels nationwide, Consults to the SBDC (SBA) and has consulted with over 500 small businesses nationwide. They range from $500,000 to $10m in sales, and include: retailers, manufacturers, contractors, restaurants and hotels, distributors, and professionals, to name a few. He typically works in restructuring businesses, creating turn-arounds and building management teams. He is currently working with several businesses in Lakewood, and has consented to give some of his time to help local businesses. For more info see www.SmallBusinessOlympics.com.
“I had invested in the company, but it hadn’t paid me money in years. They were short on money, had no line of credit, and their technology was getting old. I called Phil, and in 2 days he analyzed what was wrong, gave us a plan to fix it, and helped get it done. Ten months later, I received a nice check from the business. The company is financially stable, investing in new technology, and after years of losses, has finally become profitable.” Roger Kirk, Owner, HeadRoom Corporation, Bozeman, MT
“In one business, there were some problems. Avner analyzed the problems, he gave a clear and objective report to the investors, and helped the business owners to understand and work to fix the problems.” Rabbi Roth, Bais Din Mayashrim of Lakewood