Boosting Profit Margins Through Strategic Product Analysis

In this case study, Vance Wealth helped a seasonal business client boost their profit margin from 5% to 21% by streamlining product offerings and improving cash flow management. By conducting a detailed analysis of the client’s product lines, Vance Wealth identified unprofitable items and eliminated those with less than a 10% margin, reducing costs significantly. Additionally, they assessed the client’s cash flow needs, ensuring sufficient reserves to cover operations during the off-season. This strategic approach led to a more efficient business model, higher profitability, and improved focus on future growth.