Situation: Start up Success Story – Staff Rehab
- The founder and CEO was looking for an outside expert to evaluate strategy, business model and obtain funding to begin a start up in the healthcare staffing segment
- Collaborated with founder and CEO to create the road map to success
- Retained on a long-term basis to advise in the execution of the road map
- Greg Palmer joined the board of directors
Process:
- Provided a market overview of the healthcare staffing market
- Along with the founder, created the strategic plan
- Along with founder and senior team, created dashboards, compensation plans, cash management process’s, decision filter, KPI’s, business model and human capital plan to scale
- Advised to narrow the CEO’s focus and select a fast growing niche
- Helped to secure the source of start up capital
Results:
- With in 2 years the business was in the black, a strong balance sheet had been created, and the Founder has launched a second segment.
