M and A for Growth

To the diverse engineering firm:

Within all these specialized areas is there one that could be developed without an engineer at the helm?

Engineers have been in business for years and know how to run a business.

Core Business

You do not have to stay in your core business but could grow within your field of knowledge.

Salaries payable is crippling engineering firms in downturns.

Use that big brain and the trial-and-error method of plan, do, check, act found in ISO to develop one area into a medium size gross profit generator. 

Find something to endure the ebb and flow of the economy.https://www.imsm.com/

Acquisition

Grow by acquisition.  Harrison McCain said in the book ‘From the Ground Up’ “half our growth was organic and the other 50% was by acquisition.” https://www.amazon.com/Ground-Up-First-Fifty-McCain/dp/097837200X

Most endeavors require surprisingly little capital. If you end up employing and exporting, various levels of government will be in your corner with their wallet open.

Increase labor to sales efficiency and they will marry you.

Call me.

Financing:Http://www.omegafinancialinc.ca

The financing mechanics piece is worth the call.