
Case Study: Last-Lap Lifeline
Turning Around a Machine Shop in Crisis
A 36-employee machine shop, working on military and other contracts, was unable to meet its payroll obligations. When Sharp CFO™ received a call on a Tuesday, the company was at risk of not making payroll by Friday.
Michael DiSabatino immediately secured a bridge funding to meet payroll and began a thorough financial overhaul of the company.
Within a few months, the company returned to profitability. In the first year, the company generated $600,000 in net profits. By the second and third years, annual profits had grown to between $1 million and $2 million.
This turnaround was achieved through changes in management's perspective, financial adjustments, and effective asset management. The company had the fundamental strengths needed, and Michael DiSabatino’s expertise transformed these into substantial financial success.
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The first step toward financial success is scheduling a consultation with our team. Bring your questions and concerns to our attention. Our engines are revved and ready to drive your business across the finish line as the champion of your industry!
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