#1 Case Study
This Art related company has been in the same ownership for the past 25 years and for most of that time had enjoyed an excellent relationship with the company’s landlord, however the landlord died. His death occurred about the same time as the Christchurch earthquakes. The building was sold and the company signed a new lease with the new landlord.
When Mike at MBM was asked to mentor this client he realized that the company’s recent poor performances were mainly due to the business owner’s stress.He sought Mikes advice regarding his new lease document. Mike ask him why he had signed this as there was a clause in this document that could be regarded as oppressive. Mike gave him some possible solutions
The net result was that a lease was rewritten minus the offending clause, With this issue resolved the business owner’s stress disappeared and he was able to concentrate on returning the business into a profitable company. Thanks to using MBM services there was a winning solution found.
#2 Case Study
A young town planner was looking for advice on how to restucture his business interests to better match his equity in the business with his contribution to the overall profitability of the business.
By working together Terry and the Client were able to successfully negotiate for him a greater equity share of the business and a profit sharing arrangement linked to the revenue he generated.
#3 Case Study
This profitable printing company had been in the same ownership for 35 years. The owner asked Mike to mentor him as he was concerned that he was working incredibly long hours and his work /life balance was not good.
Mike ascertained that the owner was spending too much time working in his business and not enough time working on his business. Even though most of the staff had been with the Company for a number of years the owner found it was difficult to let go and delegate to his excellent staff. Mike spoke with the staff who all stated they were prepared to assist if only the owner was prepared to learn to delegate
After mentoring the owner he changed his ways as he learnt from Mike the art of delegation.The staff were happy, the owner was happy and more importantly so was the owner’s wife as his work/life balance was able to be restored to normal
Another MBM winning solution
#4 Case Study
A website developer with his own website business was working long hours to keep the business going and wanted a mentor to help him find ways of making the business more profitable.
With Terry’s experience of owning a website company he was able to very quickly show him how he could reduce the time he was taking to build a website by making use of the tools available on the internet. Within hours of our first meeting he had already actioned a number of the action items that Terry had identified for him.
#5 Case Study
When the owner of a company operating in the hospitality industry asked Mike for mentoring assistance Mike discovered that although the company owner had been in the hospitality industry for 20 plus years he had always been in partnership with another. He had no one to talk to about his plan/ideas and he was lacking in self confidence.
After just a few mentoring sessions with Mike the owner confidence and his self belief in his ability to manage his own business returned. Mike suggested some new ideas and he also provided a very useful sounding board for the owners ideas.
Mike, as his practice, still stays in touch with his client and through Mike’s contacts the owner has increased his turnover.
#6 Case Study
The Managing Director of a family owned manufacturing and leasing company was wanting to develop a business plan to expand the business and to use the plan as a basis for negotiating an increase in his shareholding in the business.
Over a period of 18 months Terry helped him with writing the business plan for growing the business and increasing his shareholding .
#7 Case Study
A clever young entrepreneur had developed a novel way of fund raising for schools and needed my help in making the business financially viable.
Terry was able to help him prioritise the best way of obtaining advertising revenue for the business to take it to the next level and the business has now been expanded to be TV based nationwide.