Vital Mgmt, a business consulting firm founded by industry veterans Paul Starkey and Steve Firszt, is launching a new membership program for integrators called Get it Right, based on the companyโs principles for its exclusive Bravas cooperative of profitable dealers.
The new three-tier program gives dealers an opportunity to get in at a lower level, from $250 to $2,000 per month, with a one-year commitment. Vital Management will donate $250 in set-up fees and 10% of first-year fees to Habitat for Humanity, with a goal of contributing $100,000 this year and again in 2016.
Starkey and Firszt believe integrators are missing about $100,000โor a total of $100 million for the top 1,000 dealersโevery year in profits through poor business practices.
โClose to 100% of the engagements weโve had reveal significant profit dollars being left behind,โ says Firszt. โWhether caused by improper counting practices, lack of profit planning, poor labor productivity, inefficient process โ itโs always more than just one thing โ corrective actions can bring new profit to these companies.โ
The founders add, โEvery company that follows the system should expect a strong multiple on their investment as a first-year return.โ