Building Contractor

Phoenix performs an operational assessment, serves as interim CFO, and restores the performance of a building contractor.

The Client

Phoenix’s client was a $3 million privately held building contractor based in New Jersey.

The Challenge

As a result of poorly bid contracts, labor inefficiencies, and reliance on a limited customer base, the Company was incurring losses.

The Solution

Phoenix Management Services initiated an operational assessment and helped the Company develop a focused cost accounting and bidding system, while it also revamped its marketing program. This allowed the Company to expand beyond its traditional customer base. Phoenix also assumed the interim role as CFO and implemented cost controls for each of the Company’s ongoing contracts. The Company’s cash flow was restored and its performance improved dramatically.

Phoenix Turnaround

Primary Industry

  • Manufacturing

Secondary Industry

  • General Building Construction

    Primary Services

  • Turnaround ManagementInterim ManagementBusiness / Operational AssessmentsFinancial Forecasting