IT company increases annual turnover by ten times

Case Study 1 (Momentum Programme)

Type of business: IT Company based in Hockley, Jewellery Quarter

Service: Providing websites and programming solutions.

The problem: Lack of finance; low monthly turnover; company about to fold.

When we met with this company in October, their typical monthly income was just £1,600.

The business had been operating since January but resources were low, all three directors were desperate about their personal finances, and each one was looking for alternative employment. They had a deadline to December to turn things around, or fold.

They agreed for us to go in and work with them utilising our MOMENTUM™ programme. Commencing in the November, our first priority was to establish sales and ensure delivery capability for these sales was in place.

By March a review of the company's performance showed we had achieved a £22,500 turnover in February.

We continued work with the business on a strategy and action plan, which was put in place. The next review of performance conducted in July showed a £54,200 turnover for the quarter.

The result:

Within 6 months we achieved a huge rise in the business taking it from an annualised turnover of about £16,800 to one of over £200,000.