 The services that we provide at William Heller
Associates are designed to help retailers to develop the expertise to
exceed industry standards. We will assist in developing a plan with cash
flow projections to monitor the business and determine the level of
financing needed to support the business. The industries our services
have been provided to include:
- Furniture
- Restaurants
- Apparel
- Hardware/Home Improvement Center
Case Study
A retail furniture store that has been in business for over 50 years,
recognized the changes in their market, and engaged William Heller
Associates to assist them in their development of a plan to expand their
business. Working with management a plan was developed to open a new
retail furniture store that had brand recognition. After studying
various manufactures, the demographics of the market, and the
availability of management, the principals opened a La-Z-Boy gallery in
the Mid-Hudson Valley area of New York.
Due to a constant monitoring of the business, including its marketing
and operations, the store in year one exceeded all expectations in terms
of revenue and profitability. Using this experience as a strategy
the principal have now expanded to three stores doing approximately $11
million in revenue per annum in revenue.
In addition to providing the budget, cash flow analysis, financial
reporting and tax planning, we assisted management in negotiating
leases, bank financing, and the purchase of a building for one of the
new locations. The acquisition of this new building and the site
evaluation has provided management with a reserve for future cash flow
needs as the building has appreciated in value in two years from $2
million dollars to over $3.5 million dollars.
Contact us today for a free initial consultation to discuss how we can bring our expertise to your business. Click here to contact us,
or call 212-421-7864
|
