Case Studies
Staffing Industry Case Studies:
Midwestern Light Industrial Firm Achieves 10% EBITDA
Situation
- $5 mil Light Industrial staffing company
- 16% Gross Profit
- 50% of business was with one client
- Negative EBITDA
Solution
- Changed business model
- Added screening value proposition
- Narrowed focus — small account and Niche
Results
- In 10 months the owner reduced overhead by 50%
- Raised gross profit margins by 600 bp’s, from 16% to 22%
- Client base went from 10 clients to 30 clients
- EBITDA rose from (- 3%) to 10%