Cultivate Advisors Helps Rentals & Tours Clients Restructure Their Business to Reduce Costs, Increase Efficiency, and Scale

Spencer Finch, the CEO of Mad Moose Rentals & Tours, wanted an outside perspective on his business. The company faced some struggles in the areas of cash flow, staffing, processes and procedures, organizational structure, and communication policies. Knowing he could benefit from strategic guidance, he partnered with Cultivate Advisors.

To address these challenges, Spencer and his advisor developed a plan and implemented the following solutions:

• CEO Dashboard: They Implemented a CEO Dashboard to facilitate forward-looking planning, goal-setting, and proactive decision-making.
• Strategic Planning: They set clear goals and worked backward to create actionable plans for goal achievement.
• Daily Intentions: They established a practice of setting daily intentions, enhancing focus, and goal alignment.

The implemented solutions led ad Moose Rentals & Tours to overcome challenges, achieve remarkable growth, increase profitability, and establish a more balanced and enjoyable work environment. 

• Payroll Savings: Through the implementation of the CEO Dashboard and strategic planning, the company saved $335,000 in payroll expenses in 2023 compared to the previous year.
• Marketing Budget Optimization: Fine-tuning the marketing budget resulted in an additional $200,000 in savings.
• Operating Expense Reduction: Effective management of operational expenses contributed to another $200,000 in savings year over year.
  • Fleet Lease Expense: By optimizing the fleet lease, Mad Moose Rentals & Tours reduced expenses by $80,000 annually.