Great Team = Financial Improvements

Towards the end of my work with Again Faster, I had the position of “Managing Director” and worked on all aspects of the business, along with a fantastic group of dedicated and capable people. Together, we significantly changed process and restore profitability.
- Changed management structure (using RACI) and employee headcount
- Reduced overhead 15%
- Instituted budgets, purchase approvals and cost controls
- Added international partners in Russia and Dubai, and improved sales to existing partners.
- Redesigned and developed new branded products
- Changed of the company’s sourcing and warehousing, increasing gross margin from 17 to 40%
- Moved company offices, reducing expense 75%
- Reduced A/R by working with resellers
- Increased domestic sales 6% YOY