Only two years after starting to work with Jerome, their business is completely different. Working with Jerome has enabled them to radically improve their business and their lifestyle by employing more qualified plumbers allowing the husband to get off the tools so he could manage the business. This resulted in the 2016 turnover being more than double their previous year taking it over $3 million.
The business is now able to control their costs and target better business resulting in their profit increasing by 125% and gross profit up by 130%. The key staff now have incentive based payments so they take more responsibility, reducing the stress and workload on the owner. Plus, the owner now has a regular income of $124k a year - way better than the “pay yourself if there’s anything left over” situation he was working in before.
The increase in turnover and profitability has made the business a much more valuable asset which could be sold at a far higher price than they would have even been able to consider two years ago giving the couple a positive exit strategy when they want to retire.