An 18-year-old Marketing and Communications Agency offering strategic marketing, communication plans, brand strategies, social media, public relations, website development, and print and digital media. The company is operated in a virtual environment servicing its public sector clients.
- Fiscal calendar is May 1st to April 30th
- Currently performing well in their current fiscal with year with 1.2M in contracts closed, with 72% being repeat or referral customers
- Another 495K in contract value currently has a 95% chance of closing in this current fiscal year
- 95% of the client base is repeating or referral business
-Current owner spends about 60% of their workweek time on this business
- Owner has outlined in an available CIM 5 trends in this space that present growth opportunities
- The owner operates in a traditional management role, she does not perform the services
- Loyal and well-trained staff that is contract worker based on an hourly rate, most have been with the company for years
- The owner is a co-founder in another company that operates in an adjacent space and she would like to focus her time thereafter the transition
Customer Base: Federal, State and Local Governments; State Governors’ Councils on Workforce & Economic Development; State Workforce Development Boards; Local Workforce Development Boards; K-12; Community Colleges; Adult Education Providers; Economic Development Organizations; City & County Governments; Chambers of Commerce; Industry Associations.
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