Outsourced CFO Services Case Study 


outsourced CFO case study

Harbour Rock was asked to get involved in a troubled business restructuring in the electronic burglar and fire alarm industry. We identified it as a cost accounting exercise and split the company into two major sections; we could then easily pinpoint the new jobs being sold that were failing to cover required margin levels.

With over 76% gross margin, the company was more than profitable in its service contracts and alarm monitoring, but the overall company was only showing a 10% net profit, leading us to focus on poor installation margins and excessive overhead as the issues.

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