Growth Strategy for Wholesale Businesses

Learn how our Melbourne-based CFO On-Call, Michael Granek, worked with a wholesale business to achieve a staggering 361% growth.

The business grew sales from $18m to $65m over 11 years, through organic growth and two successful acquisitions.

Through a combination of strong cash flow, profitability management, process improvements and shareholders taking low dividends, Michael helped the business to grow without significant bank or other debt funding and reduced net debt.

Of course, growth like this does not happen accidentally. To show how it was achieved, we’ve compiled a useful growth strategy guide.

You’ll learn how Michael worked with the business to implement a range of projects to reduce administrative processes, keep staff numbers low and harness IT processes, and implement an extensive and companywide reporting program to all key stakeholders, including Shareholders, Directors and Banks.

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