Verified Case Study # 15
 
Company Name: Foothill Transportation
Owner/Contact: Jim Tigrak, Owner
Type of Company: Medical Transportation for therapy patients
Size of Company: $400,000 Gross Sales, 5 frill time & 9 part-time employees, 4 years old.
Verification by: Mr. Scott Spooner. Past President of the Northridge Chamber of Commerce.  Click here.
Methodology: Visit
 
Problem: Near Bankrupt. Losing money monthly for over 3 years.
 
Result:
In 3 weeks, I took Foothill from having lost $180,000 in the 3 years it was in business near bankruptcy to break even!
In 2 months, I took Foothill to earning a bit over $10,000 NET PROFIT/month!
 
I put CUSTOM GAUGES to find out what was really going on and made changes to the company based on my analytical results.  It made them profitable almost immediately.  We had our first meeting on the 23rd of May 1996 and after implementing my weekly changes they broke even the week of the 21st of June 1996 within 1 month of beginning and the bleeding stopped.  The were profitable beginning the 2nd month.  They went from losing money hand over fist to earning a bit over $10,000/NET per month in a bit over a month!
 
Click here to see Results letter dated June 25,1996 shows their going from near bankrupt to break even in 4 weeks.
 
Click here to see the Results letter dated July 1,1996 letter which describes the dramatic & uncomfortable changes they had to endure.
 
The Mission Impossible story:
What a mess.   Basically, everything was wrong. 
 
Employees were overpaid.  The financial structure was wrong and could never yield a profit.  There was high and unnecessary overhead.  The industry was undefined. The competitors were very much cheaper.  They were almost $200,000 in debt with creditors calling and complaining.  They were behind payroll for a whole month.  There was no money for the partners.  There was not enough cash flow to support the current operations.  And Jim was out of capital to continue to fund the company.  It was a total mess.
 
Foothill transports therapy patients to their appointments all over Los Angeles.  Most of these patients were injured on the job and have no one to take them to their therapy sequence.  They were in business over 3 years and were losing money monthly.  When Foothill came to me they were in near bankruptcy.  They were nearly $200,000 in debt and the creditors were putting a lot of pressure to get paid.  The monthly cash flow did not pay for the monthly expenses much less the debt. Everything was wrong with the company starting with the financial structure.  From the first month I was horrified every week as the measures I put into place to find out what was going on always gave me information different from that which I was told by the owners.  Worse still it was much worse that originally envisioned. 
 
I put measures in play to find out what was really going on and made changes to the company based on my analytical results.  We had our first meeting on the 23rd of May 1996 and after implementing my weekly changes they broke even the week of the 21st of June 1996 within 1 month of beginning.
 
My Mission Impossible was to change everything so that Foothill would be profitable and soon because they were out of cash!  And I did!
 
The result letters show my FINANCIAL ANALYTICAL SKILL that plucked them from imminent disaster to financial stability.  And we went on to high profitability because the new structure I had implemented.
 
Click here to see Results letter dated June 25,1996 shows their going from near bankrupt to break even in 4 weeks.
 
Click here to see the Results letter dated July 1,1996 letter which describes the dramatic & uncomfortable changes they had to endure.