Reviving an Electrical Contractor

Project Detail:

Challenge

In the face of a severe market downturn, an Electrical Contractor in the North Shore of Boston saw its revenues plummet from $10 million to $2 million, edging the company toward bankruptcy with a critical 30-day window for action.

LGA Solution

LGA Business Advisory Services sprang into action with a financial overhaul, triaging the company’s expenses to align with its revised revenues. A detailed assessment of its legal entanglements revealed aggressive postures taken by the bank. By leveraging our

Results

Our strategic guidance not only saved the company from closure but also catalyzed its growth to a $50 million enterprise. With LGA’s support in driving profitable expansion, the company it is now partnering with BAS to prepare for a lucrative sale.


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