Case Study:
Ronika
Meet Rob Slawski, CEO of Ronika, which operates in the highly competitive electrical contracting industry, with a specialty niche in heritage infrastructure.
On becoming a Clear Path client, Rob had been in business 10 years but was yet to achieve the business growth he innately knew was possible. As a second-generation business owner and tradesman, Rob would freely admit he didn’t fully understand the profit leavers in the business, so often felt blind when it came to business improvement opportunities.
Major Pain Points before Clear Path |
Business Advisory Solutions as a Clear Path Client |
||
---|---|---|---|
Wasn’t sure how to improve the company’s profitability and cash flow. | Business performance review (focus on profit and loss) | ||
Previous accountant’s focus was predominantly on tax and compliance, leaving him with little visibility over his financial position. | Business health review (focus on balance sheet and fixing the critical danger zones first) | ||
Rob needed to find the confidence in his knowledge and skills (which are impressive) as a business owner. | Analysis of the 7 financial levers (something every business leader must control to scale up profit and cash) |
Major Pain Points before Clear Path |
|
---|---|
Wasn’t sure how to improve the company’s profitability and cash flow. | |
Previous accountant’s focus was predominantly on tax and compliance, leaving him with little visibility over his financial position. | |
Rob needed to find the confidence in his knowledge and skills (which are impressive) as a business owner. |
Business Advisory Solutions as a Clear Path Client |
|
---|---|
Business performance review (focus on profit and loss) | |
Business health review (focus on balance sheet and fixing the critical danger zones first) | |
Analysis of the 7 financial levers (something every business leader must control to scale up profit and cash) |
Tangible Results
Rob’s success can be directly attributed his commitment to literally action EVERY SINGLE PIECE of advice we offered him within 72 hours (the magical time period). Due to his action-oriented approach the company saw…
3x
Profit
Nearly 3 times more profit than the previous 12 months
2x
2 times more annual revenue
2.5x
2.5 times increase in personal remuneration
8.4x
8.4 times more cashflow
14x
ROI on Clear Path advisory sessions was 14x
Intangible Results
– The actions he took increased his confidence exponentially.
– Instilled a new sense of purpose and worth, which increased his confidence in his abilities.
– Loves the new level of support he receives from the Clear Path team.
– Rob’s personal goals are now also being met, providing more overall life satisfaction.
“As a tradesman who transitioned into a business owner, I was facing daily challenges and was feeling out of my depth. However, since signing up with Clear Path Advisory team I feel reinvigorated about my business journey. They have helped me identify and manage strengths and weaknesses within my business, and helped me design a tailored roadmap to success. The team is always there to offer support, expertise, and the right advice whenever I need it, which has filled me with the confidence I needed to see some amazing growth in my business. I highly recommend their Business Advisory Services to any business owner looking to succeed with confidence and gain a competitive edge”.
Rob Slawski (CEO, Ronika)
Summary
Rob didn’t realise that accountants can actually do more than just compliance and taxes. The resulting cash flow increase means the company now has enough to cover rainy days, business growth and has even increased his personal wealth. His holistic understanding over his entire operations means he can now make business improvement decisions and actually has a chance to enjoy the journey that is running his own business.