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We specialize in helping companies to discover
and achieve their bottom line potential. "100 Ways"® -
The Profit Enhancement Process (PEP) was developed by business professionals, each
with over 25 years experience, who were convinced that a proactive approach to financial
well being was more advantageous than the traditional role of reporting results. The
founders of our firm, Barry R. Schimel, CPA and Gary R. Kravitz are nationally recognized authors, speakers
and consultants in the area of profit enhancement. Their proven concepts and
methodologies have been successful in identifying over 400 million dollars in recurring
bottom line profits for our clients. These include companies ranging in size from one
million to hundreds of millions in sales, in a wide variety of industries and throughout
the United States. We are the founding member of The Institute of Profit Advisors, a
national consortium of over 75 CPA/Consulting firms in the US, Canada and the UK, who are
dedicated to making their client's tomorrows brighter.
A focused strategy is provided which challenges
corporate decision makers to broaden the horizons of their thought processes regarding
profit generation. The Profit Advisors, Inc. philosophy should not be mistaken for cost
containment. This fails to recognize that there needs to be a balance between revenues,
margins and expenses. Any business entity that just looks at cutting expenses will not be
around for the long term.
A climate is constructed in which all key
members of the management team make a Compact for Commitment:
- Assigning &
accepting responsibility for Profit Enhancement.
- Visualizing new
opportunities.
- Possessing the
courage to change.
- Developing an
unrestrictive perspective.
- Gaining a recognition
of the possibilities.
The result is a company that is energized
to face the challenges of the next century and can be a vehicle to provide for the
emotional, financial, and career needs of its staff. Every key executive is aware of the
difficulty of running a company that is not reaching all of its profit objectives. The
Profit Advisors, Inc. © installs the tools to achieve elusive profits and to keep them in
place.
Benefits for Shareholders
Every business owner will engage in one of three
activities during their life time.
- The business will close.
- The business will be sold.
- The business will transition to the next
generation
Every dollar of additional profit adds value to
the business and ultimately increases the worth of the asset. For many owners, the
business is their major asset. Unrealized profit will be compounded and undermine
years of hard work. Profit provides choices and options.
Benefits for Stakeholders
All employees are stakeholders. If the
business prospers, they can receive increases in wages and fringe benefits. There
are other intangible benefits that can accrue to the average employee as the company
increases in profitability. These include: better working conditions, reduced stress
and higher morale. Profit is the fuel that powers a successful business engine.
Uniqueness
We help management teams to develop and
implement strategies to increase sales and to improve their processes that effect customer
satisfaction. As an outsider, we can facilitate the discussion of issues that are either
not focused on or not seen, which can have a significant impact on your firm's bottom
line. Even the most open company can inhibit their staff from initiating a discussion of
sensitive issues that might be unpopular, but are in the best interest of the firm. We
create a safe environment, where ideas are challenged, but not people. The by products of
our services are an energized staff, better communications, enhanced creativity, less
pressure and fire fighting, and a strong focus on the ideas that are critically important
to the success of your organization.
Expertise
Barry Schimel,CPA, and
Gary Kravitz, authors of "The Profit Game - How to Play,
How to Win" and "100 Ways to Win The Profit Game", have presented Profit Enhancement Process seminars and workshops to
businesses and CEO groups nationwide and have been keynote speakers at numerous trade
associations, conventions and other professional organizations. They have helped
businesses in diverse industries apply the Profit Enhancement Process to their
organizations and have to date helped their clients identify more than $400 million bottom
line opportunities.
Barry is the author of the nationally recognized
and acclaimed book,
100 Ways to Prosper in Today's Economy ®,
and the originator of the "100 Ways"® Profit Enhancement
Process seminars and workshops.
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