Our corporate department was engaged by client, with annual revenues of approximately $8 million a year, to assist the transition from Phase One of its business life cycle during which the CEO was principally responsible for setting the vision, managing the operations and running the business units to Phase Two, during which the organization is transitioning to a more sophisticated operation.
Working side by side with the CEO, we implemented the transition plan by setting up a Board of Advisors including the President of one of the industry’s largest regional players, assisting its admission into various advocacy organizations to ensure compliance within a highly regulated industry, creating a culture of compliance including performance reviews of senior staff, executing a transition of all major senior executive positions; identifying new vendors in areas including information technology, payroll, insurance, accounting, garnering savings of hundreds of thousands of dollars. We are also charged on an ongoing basis to assist the company with responding to government audits including organizational and insurance audits; ensuring corporate governance and regulatory compliance; and creating and/or reinforcing of organizational procedures.
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