Water restoration | Case study
Find out how this company generated revenue and profitability increases of 3X and 5X, respectively, compared to its initial value.
Water restoration case study Overview
This established water damage restoration company provided a stable income for the owner.
The owner was nearing retirement age and contemplated selling the company.
The value of the company was much less than needed for retirement, so they decided to engage EYW Advisors to help grow the company value prior to the sale.
- Business Development – Digital review to make sure people could find good content and favorable ratings. Determining the best contacts for the company to get more water restoration clients.
- Sales – Scheduling regular times for sale activities and communicating with potential referral partners and industry influencers. Coaching to make sales a consistent part of the business even when the workload was extremely high.
- Resource Development – The company had relied on the owner and a limited staff to complete the work. The owner needed to develop competent staff with additional crews to handle the fieldwork.
- Management – Measuring weekly performance to ensure profitable operations and happy customers. Process redesign to remain competitive with a drastically changing business. Delegating the workload and schedule coverage to team members. Coaching to enhance the employee development and get key employee to take more ownership in their work.
Water Restoration Company
Grow the business to meet exit value for the owner
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