New marketing strategy helped increase profits

Company: Industrial Sewing Machine manufacture, supply & maintenance

Help Required: Company was not profitable following loss of turnover during recession and in danger of going out of business.

How NGBA helped over the challenges: Business was re-structured and an aggressive marketing strategy was implemented along with detailed financial management reporting to ensure close control was in place to monitor growth & progress.

Result: Company quickly recovered turnover to make business profitable. Major new clients have been gained with significant ongoing potential along with interest from substantial European manufacturers needing distribution partners in UK for their products.
Annual turnover has now doubled and the business is financially strong with a bright future.