Empowering the growth of small businesses with big aspirations
Purpose
MAKING THE LEAP
There is major difficulty in making the leap from $2-15M to $15-30M annual revenue. Getting from $0 to $2-15M is a major challenge in and of itself, but you can get there with a couple of rockstars who wear every hat across the company. But rockstars can’t get to $15-30M on their own. You need standards, you need a growth mindset, and you need “people, process, and technology” to enable that level of growth. We can help you to get to that next level.
20%+
EBITDA IMPROVEMENT
40%+
PRODUCTIVITY GAIN
50%+
TIME-TO-MARKET IMPROVEMENT
UNDERSTANDING THE NUMBERS
Finance Support
Most small businesses are not yet ready to invest in a full time CFO and finance team, but with millions in annual revenue, it is crucial to have financial professionals in your corner. Nemean helps to bridge that timing gap by providing virtual finance support to our growing clients. We develop financial models and forecasts, we create budgets and track actual performance against them, we report on progress toward goals and KPI targets, and we often take over bookkeeping activities to ensure timely and accurate ongoing reporting.
Operational Enhancements
PROCESS RE-ENGINEERING
When mired in the day-to-day, most people struggle to “step back” and look for efficiency opportunities. We provide the objective perspective that every growth company needs to reevaluate and improve upon “the way we’ve always done it.” Over time, our constant inquisitiveness rubs off on the employees at our client companies and they develop a self-sustaining “step back” mentality.
PROCESS DOCUMENTATION
Small businesses hold information and processes within the brains of their employees, but that is a recipe for disaster in a growth company. We document processes within a centralized knowledge-base, so that new and existing employees will be able to operate with consistency.
Download your free e-Book about documenting Standard Operating Procedures (SOPs).
Systems Improvements
SOFTWARE IMPLEMENTATION
There are now thousands of powerful, web-based software tools that reduce manual work and disorganization in areas like customer communications, inventory, sales prospecting, project management, etc. We are experts at implementing these tools and then training users to proficiency. When there is no good “out of the box” solution, our team will work with software developers to build proprietary tools that meet requirements.
SYSTEMS INTEGRATION
Automated information flow between systems will save time and reduce data entry errors. Our technical team members and software developers connect disparate software tools together using APIs and automated workflows.
ADAPT AND THRIVE
Cultural Change Management
Making the shift from $2-10M to $15-30M annual revenue means the organization has to enhance its culture from one of a “lifestyle business” to one of a “growth business.” This shift requires efficiency, measurement, and accountability to become new cultural elements, and that is not an easy transition for most employees. Our team embodies a growth culture, and we lead by example as we manage this culture change at our client companies.
Human Resources Development
CURRENT TEAM ASSESSMENT
We assess each employee within a client organization to understand strengths and weaknesses, engagement and satisfaction, and core responsibilities and KPIs. A growing organization must have data to make important promotions and re-organizations, as well as difficult hiring/firing decisions.
TALENT RECRUITMENT
Growing a business is not possible if employee turnover is high. We put strong recruiting, onboarding, and performance review processes in place to ensure retention.
Download your free e-Book about the importance of building a strong team around you.
Targeted Business Unit Boost
VIRTUAL COMPLIANCE DEPARTMENT
We have key legal and compliance partners who work with our clients to make sure they are papered up properly. This up-front risk mitigation allows us to more aggressively pursue growth with our clients.
VIRTUAL MARKETING TEAM
If you feel that a lack of market visibility is what is holding you back, and you don’t have the expertise in-house to execute a cohesive marketing strategy, we will bring in resources to fill the gap.
VIRTUAL PROJECT MANAGEMENT OFFICE
If your growth involves the launching of a new business segment, you may want a separate PMO to get you through to a stable place. We have PMO resources who can carry that load.
POWERFUL APPROACH
Structure
Most companies in the $2-10M annual revenue range have 3 levels within their org charts: the executive level, middle management, and the associate level. We layer our team seamlessly onto each level of a client org chart, so that we can work hand-in-hand with all employees. This structure allows us to gather information and to disseminate consistent messaging across the entire organization throughout the life of the engagement. Communication is key.