Professional Service - Outsourced HR
Cultivate Advisors Helps PairPEO Increase Revenue by 35-40% in 18 Months
Cultivate Advisors Impact
Jeff Wanner, founder and CEO of PairPEO, was initially introduced to Cultivate Advisors through a LinkedIn outreach. Initially, he saw the potential for expanding his brand within a broader ecosystem, but he quickly realized that the value Cultivate brought to his business extended far beyond that.
By working with Cultivate Advisors, Jeff was able to:
- Gain Financial Clarity: Prior to joining Cultivate, PairPEO lacked consistent revenue forecasting, leading to financial uncertainty. Through Cultivate’s guidance, Jeff gained a clear understanding of his company’s finances, which empowered him to make more informed decisions on what to invest in and where to cut back.
- Increase Revenue: In the 18 months since partnering with Cultivate, PairPEO’s revenue has grown by an impressive 35-40%.
- Scale the Team: PairPEO’s headcount doubled as the company expanded to meet growing demand, thanks to the strategic insights and business acumen gained from Cultivate.
- Shift to Scalable Business Model: Jeff moved beyond running a “lifestyle business” to creating a more scalable operation, positioning PairPEO for future growth.
Cultivate Advisors Impact
Challenge
Before working with Cultivate Advisors, PearPEO faced several key challenges:
- Unclear Finances: Jeff didn’t have a clear picture of his company’s revenue each month. There was no consistent forecasting, which made it hard to plan for the future or make decisions on spending.
- Difficulty Scaling: PearPEO was operating as more of a “lifestyle business,” and Jeff wanted to scale it into something bigger. He needed a plan to grow the company while maintaining its values.
- Lack of a Growth Strategy: Jeff didn’t have a clear path to grow the business. He needed guidance on how to make smart hiring decisions and invest in the right opportunities.
Solution
Cultivate Advisors worked with Jeff to tackle these challenges:
- Financial Forecasting: Cultivate helped Jeff gain clarity around PearPEO’s finances. He learned how to forecast revenue, understand what the company could afford, and make better decisions about where to spend.
- Scalable Business Model: With Cultivate’s help, Jeff moved from running a “lifestyle business” to building a scalable business. They focused on creating processes and strategies that would allow PearPEO to grow sustainably.
- Strategic Business Guidance: Cultivate provided the expertise Jeff needed to make smarter business decisions. They helped him refine his approach to scaling, making key decisions about hiring and investments.
Outcomes
Working with Cultivate Advisors led to several positive results for PearPEO:
- Revenue Growth: PearPEO’s revenue grew by 35-40% in just 18 months, giving Jeff the financial confidence to invest in the business and expand.
- Expanded Team: PearPEO doubled its team size, which allowed the company to keep up with growing demand and focus on long-term goals.
- Financial Clarity: With better financial management, PearPEO is now able to make informed decisions about growth, spending, and new opportunities.
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