An aspiring entrepreneur had been experimenting with a new non-GMO hot drink for more than a year when she decided to contact Ground Floor Partners. She initially wanted us to help her find a contract manufacturer and help her with marketing. But after several conversations we agreed the product was
A national medical association contacted Ground Floor Partners seeking help with developing a business plan to set up their own in-house testing facility for members. Each year the association brought in several hundred physicians for several days of oral examinations. The association had been leasing space from a hotel for
A language translation service in Atlanta was growing and earning a modest profit, but the owner was overwhelmed by her workload and felt that the company was not realizing its full potential. Recommendations Based on our intensive review of operations, Ground Floor Partners made several recommendations for enhanced performance: Administrative
An established receptionist service in downtown Chicago was struggling with low profits and dwindling revenue. Findings We conducted a business assessment and identified four critical areas which needed improvement: Unbalanced Revenue Portfolio – Client had several revenue streams, but they were out of balance. The largest revenue stream (telephone answering
A client asked us to perform a due diligence audit and estimate the fair market value of a Wireless Internet Service Provider located in Illinois. Several other suitors were also looking at the company, and we had to work quickly so that our client could decide whether or not this
An early stage Illinois biotechnology company was in the process of developing a portable, point-of-use pathogen detection device to enhance food safety throughout all facets of the food processing and production industries. However, different segments of the food processing industry placed variable emphasis on the importance of food safety monitoring.
An emergency room physician had designed and developed a web-based software system for scheduling and managing emergency room physician work shifts. The system was almost ready for beta testing. The doctor had done preliminary market research on customer demand and the competition and had several ideas for how to price
A Chicago real estate developer engaged Ground Floor Partners to conduct a thorough feasibility study. He had purchased a 2.5 acre parcel of land, originally for residential property, but then decided it may be better location for a large indoor sports facility. The developer had already prepared detailed financial projections
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