Growing a business to sell it.
Started at their kitchen table, these owners built their business into a premier marketing agency with the ultimate goal of selling it to reach their destiny.
Annual Profit Increase
Annual Revenue Growth
Building A Team For Growth
In the Vision Session the agency’s owners identified their individual and collective goals, while also agreeing to a valuation target. In their growth roadmap Destined outlined that both geographic areas and service lines would need to be added to hit their target. Operational efficiency would need to improve throughout the organization in order to increase profitability. And most importantly, the management team should be incentivized and retained since they were the key to success.
Destined worked with the owners to clarify the mission and empower the team by building a roadmap to focus on:
Improving operational efficiency
Entering new markets and expanding services
Enhancing management capabilities
In addition to building their growth roadmap, Destined guided the owners in developing and implementing a Progress Reward Program. The program incentivizes the management team for their specific project work and rewards them for progress. As a result the team has made significant progress along the initial roadmap which has since been updated to capture their revised growth target. Throughout their journey Destined has tracked their progress and together we savor the team’s many achievements.
Efficiency and profit increased with new project management system
2 geographic areas and service lines added
83% of the management team retained
“We were originally referred to Destined a few years ago by an adviser when we felt like our company had hit a lull in business growth. We heard they really care about the companies they represent and culture was important. The advisor couldn’t have been more spot on with their assessment.”
CEO & Owner, Marketing Agency