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Jul 10, 2024 · news.bensbites.comThe implementation of these recommendations resulted in a significant financial turnaround for the businesses. Specifically, the pet store saw a revenue increase of 65% following the implementation of the strategies suggested by the volunteer consulting team.
Key takeaways
- In early 2020, volunteer consulting teams were created to offer free support to small businesses struggling with pandemic restrictions.
- The support included analyzing the businesses' financials and developing an emergency action plan to increase revenue.
- One of the strategies was to keep track of recurring medicines sold by a pet store and reminding clients of renewal time.
- After implementing the recommendations, the client saw a revenue increase of 65%.