Global Business Plan Creates a Solution with Long Term Benefits…
During the greatest downturns in business history since the great depression, we were called in by a client that was struggling to stay alive in the existing business environment. For over 60 years they had experienced excellent business growth and had weathered all previous downturns with minimal damage. This downturn was much different. Business was declining and they were struggling to cover expenses even after extensive cuts and layoffs.
We were able to analyze their business practices, previous sales history, and product mix. We looked for other potential markets outside the U.S. as potential partners. We were able to diversify the clients sales base by facilitating a new global business plan that developed business in China and Russia allowing the client not only to diversify their customer base and product mix, increasing revenue and allowing for greater profitability.
As a result of global business expansion, this client was able to weather the biggest downturn in their company history. This new global business allowed them to develop a long term diversification of revenue streams outside the U.S. They were able to remain in business and as the economy started to come back they were able to continue their long history of providing quality products to the U.S. market place.