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Unit 1a
Little Braxted Hall
Little Braxted
business metting

McGeoghan Plant Hire Limited

McGeoghan's shows a great performance in what can be a tough market place of plant hire for the construction industry. Initially Dolphin Business Strategies were brought in to work with the directors' on strategic direction and financial control. In the first meeting the Directors' also expressed commitment to work towards ISO9001 to reinforce the high level of client service and quality approach taken. To achieve this, and to allow greater freedom for the directors in years to come, Dolphin is also assisting with looking at the future structure of the business, IT infrastructure and operating systems.

The first stage undertaken by Dolphin Business Strategies was to introduce regular formal and informal meetings with the business owners to address strategic matters.

The second stage was to introduced some key financial management tools to allow the directors timely access to key financial information to improve business decision making. Monthly financial reporting has provided timely information to support decisions on cashflow, business and investments.

The Directors respond well to advise given and react quickly to information supplied. A focus on pricing, increasing the fleet of vehicles and reducing cross hire requirements has had a great impact on financial performance. Management accounts for the first 6 months of the current financial year show turnover growth of 30%, gross margin improvements of 10% and an overall increase in profitability of over £100,000.

Dolphin Business Strategies has assisted in the following areas of development and growth for McGeoghans:-

Dolphin Business Strategies is a trading name of DB Strategies LLP. Registered No: OC331887. Vat No: 919 2599 83

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