When you think of a business hiring a consultant to devise a strategy for growth, you probably wouldn’t think of the automotive industry.
John Smith is small auto repair shop owner who has been serving the Hittsville community for 20 over years. He makes just enough to provide for his family’s basic needs. John explains, “One of the reasons I went into business for myself was to make more money and spend quality time with my family. But now I’m a business owner I make less money, and spend less time with my family. Something went wrong.”
No matter how hard John seemed to work, nothing seemed to get better. His business was practically bleeding. John’s colleagues, friends and family made suggestions to help increase the bottom line, but none of them had run a profitable business before. Embarrassed to say it, John used some of his family members suggestions to no avail. Last September John was solicited to attend a workshop from a auto repair consulting firm that claimed “Increase Profits with Better Time management!”
To good to be true, he thought. Despite his hesitation John attended the workshop. The consulting firm had over 16 years of expertise in the industry and over 50% of their clients saw an increase in profits.
Great, but what’s the cost? Over $12,000 for 6 months. With no savings and unable to get a loan anywhere John found it almost impossible to grow his business. That’s when John was introduced to Smart Funding Solutions.
Smart Funding Solutions devised a special funding agreement through Consultant Financing. The consultant was paid the fee up front (so he could focus on getting the job done, instead of collecting bills), John was provided with working capital to shift his current business model to one more profitable, and the auto repair shop paid Smart Funding Solutions back in installments that worked with John’s increase in profits. Bottom line? John increased his profits by 20% and his consultant re-invested money to grow the consulting firm.
Smart Funding Solutions partners with management consultants offering full-service, customized financing to small businesses that traditional lenders find “too new” or “too risky.” Smart Funding Solutions takes pride in supporting these small businesses and consultant companies while helping stimulate the economy.