Scott Plumbing, a local trade business, approached Rise Advisory with the goal of improving their financial performance and driving sustainable growth. Faced with challenges like increasing competition and rising operational costs, the business needed a clear strategy to maximise profitability without sacrificing service quality. This is where Jerome, a seasoned business strategy advisor, stepped in to provide personalised guidance.
Through a detailed analysis of Scott Plumbing’s operations, financials, and market positioning, Jerome helped identify key areas for improvement. The primary focus was on streamlining their processes, optimising pricing strategies, and enhancing team productivity. By refining their approach to sales and focusing on higher-margin services, Scott Plumbing began to see a noticeable uptick in revenue.
One of the biggest transformations came from Jerome’s insights into their financial management. With targeted strategies to reduce costs and improve operational efficiency, Scott Plumbing was able to significantly boost their gross profit by 53%. Sales also skyrocketed by 47%, largely driven by more effective marketing campaigns and a clearer value proposition for their clients. As a result, their net profit grew by 33%, providing the business with a stronger financial foundation for future growth.
Thanks to Jerome’s hands-on approach and deep understanding of the trade industry, Scott Plumbing now operates with a more efficient structure and clearer financial goals. With better cash flow, improved pricing strategies, and a motivated team, the business is well-positioned to continue thriving in a competitive market. Jerome’s expertise as a business strategy advisor has been instrumental in helping Scott Plumbing reach new heights of profitability and success.