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Case Studies

A Staffing Company Finally Turns a Profit

Within a 12 month period, increased gross margin by 50%, leading to the company’s first profitable quarter

The Company: A staffing company

The Issue: Successive years of operational losses

The Work:

  • Initiated and implemented a plan to increase gross margin and reduce operating cost
  • Sped up financial reporting process, performing the year-end closing on time
  • Hired a public accounting firm to conduct an annual Financial Review and file taxes on time; obtained R&D credit for prior 2 years
  • Assisted in hiring an Interim CFO in India, where accounting and other support staff was located
  • Successfully negotiated new financing agreement that would save the company on interest expense


  • Interim CFO
  • CRO
  • Turnaround
  • Business Operations


  • Service Industry
  • Staffing / Temporary Agency