OUR PROJECTS
Here is a summary of projects that Polestar Business Advisors has successfully completed for our clients. Your results could be similar to these!
Business Evaluations
A regional service company wanted to identify a clear direction to profitably grow their business, and improve their operating results. We performed a complete business evaluation, and based on the results, assisted in the development and implementation of a Three Year Plan that provided a clear direction for the business, and improved decision making. In addition, several key operational improvements were identified, and implemented, that improved the overall performance of the business. As a result, the business is now performing significantly ahead of planned levels in just six months.
A local service organization wanted to expand their business, diversify the customer base, and improve declining profitability. We completed a full evaluation of the business model and operations, and helped to develop a plan, and a set of specific actions, to accomplish their objectives. The business implemented the plan, which provided a clear course for the future, increased revenues and profitability, and more time for the owner to pursue other interests.
Vision and Strategy
After several years of declining revenues and profitability, a $50MM manufacturing company wanted to change the direction of its business, and improve its future operating results. We assisted in developing and implementing a Vision and Strategy, which refocused and restructured the operation, resulting in a 24% revenue increase, and a profit improvement of 23% annually.
A regional custom manufacturer was experiencing dramatic growth in the last several years. However, the business processes, staffing, and organization was not keeping up, resulting in reduced service levels, higher operating costs, and declining profitability. After a complete evaluation of the business and operation, we helped to refine their Vision and Strategy, develop a new Marketing direction and brand, restructure the organization, and improve and upgrade their operating processes. As a result, revenues are continuing to increase by over 30% annually, profitability and service levels improved dramatically, and the business is well positioned to for future growth.
Operational Improvement Programs
Increased profitability and customer satisfaction in several businesses through organizational restructuring, elimination of excess capacity, and operational improvement programs that significantly reduced manufacturing costs, and improved customer focus, and employee participation.
A local packaging company needed to improve its market presence to grow their business. After a complete analysis of their business, we developed and implemented a comprehensive marketing program for included re-branding the business, enhancing the web site, and executing an advertising campaign to drive new opportunities and revenue. In addition, the operation was restructured to improve efficiency and profitability. As a result, the company improved revenues by over 38%, and profitability by over 100%, since the program was implemented.
A regional, custom manufacturer was experiencing declining revenues and profitability, after many years of success and growth. After a thorough evaluation and analysis of the business and operations, a comprehensive program was designed, and implemented, to reorganize the business, streamline existing processes, establish a cost reduction program, and improve the effectiveness of the scheduling and estimating functions. As a result, the business has increased revenues by 27%, and profitability has improved significantly.
A local call center was experiencing significant growth, but their results were declining due to employee issues, including supervision, performance, recruiting, and retention. After evaluating the operation, we worked with the management to custom design, and implement, several programs that increased performance and retention, improved the recruiting and hiring process, and strengthened the supervisory team to effectively manage future growth.
Business Start-Up and Turnaround Assistance
Successfully turned around several manufacturing businesses through programs focused on strategy, value added products, organizational restructuring, and operational excellence. The results of the program included increased revenue and profitability, improved customer focus, and competitive market advantage.
Innovative Business Solutions
Provided business advice and expertise to several, locally owned service organizations, that helped the owners to identify and resolve specific business issues, including employee performance, product offerings, equipment purchase decisions, and overall direction, resulting in a significant improvement in their overall operations and profitability.
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Testimonials
“We hired Polestar Business Advisors to evaluate our business, and help in developing a long term plan for the future. They listened, and worked closely with us, to understand our business and goals, and provided the tools and expertise to assist us to implement the plan.
In addition, they helped us to better understand the business, and identified several programs that significantly improved our results last year. We were impressed with their approach and knowledge, and the plan has improved our direction and focus, and control of the operation.
They have also been a trusted advisor, assisting us through the year to exceed our goals.
I recommend Polestar Business Advisors to any business that wants a clear direction, improved business performance, and to achieve success.