Customer capital reporting
By Chia-Li Chien
It is not IF– it is WHEN–will a business owner be able to exit profitably in his or her own terms? Take a closer look at your own business(es). Regardless of the performance of your Triple Bottom Line formula, you must you look beyond three years into the future. Have you done that yet? If yes, what is your definition of substantial VALUE creation from your business? And can it actually meet or exceed your financial independence expectations?
The Northwest Companies essentially have been in business since 1984. In 2008, it acquired Northwest Landscape Management Inc. and Northwest Snow Management Inc., then merged them together and implemented their strategies to scale the business and broaden the market and verticals to where things are today. In the first full-year of operations, the company more than tripled the top line revenue from operations and had expanded the service footprint from a 9-state region to over 40 states with operations. Today it operates in 48 states and is continuing to expand its client base nationally.
The Northwest Companies service corporations with multiple locations, such as restaurant chains, banks, regional daycare centers, hospitals and utility companies. Most of their customers are Fortune 500 firms. They specialize in exterior facilities management as well as exterior facilities development and snow management.
Source: Millionaire Business Articles
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