Sharing a Success Story: This is how CBO helps clients sky rocket their profits

We’re thrilled to share an inspiring success story of how we helped one of our clients achieve remarkable financial growth. Here’s how we made it happen:
1. Strengthening Internal Controls: We reminded our client to separate sales and procurement duties, preventing any single employee from gaining too much knowledge that could lead to competition.
2. Revamping the Business Model: By focusing limited resources on the highest profit-making products and services, we helped the client streamline operations and boost profitability.
3. Optimizing Pricing Strategy: We revamped their pricing formula for professional service staff, leading to more accurate sales quotations and profitable sales contracts.
4. Leveraging Bank Borrowings: We guided our client on how to use bank borrowings effectively to increase working capital and support sales growth.
5. Utilizing Government Support: We taught the client how to tap into government support for bank borrowings and manpower, providing additional resources to scale their business.
This comprehensive approach fortified their business and set them on a path to sustained growth. Watch the full story in our video below!
If you’re keen to get similar advice and take your business to the next level, contact Corporate BackOffice today. We’re here to help you achieve your financial growth and business success!
Corporate BackOffice Pte Ltd Your trusted partner in accounting and financial management.
Contact us today! http://corporatebackoffice.com.sg
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Whatsapp : +65 90880669
Written by Kelvin Loh