HR and Employee Communications Consulting Firm
Business Description
Strong Cash Flow, Scalable Team, and Industry Reputation
This U.S. Company helps organizations communicate with employees to help ensure the employees understand, value and effectively use human resource-related programs – particularly benefit and compensation programs. The Company’s consultants and experienced freelancers develop and execute employee communication strategies – tailored to each individual client. Deliverables may include printed brochures, scripted presentations, videos and, increasingly, web-based communications that fill a unique niche. With an impressive list of high-profile customers in multiple industries and regions, this successful Company is well poised to be an even more lucrative business in the HR consulting space.
About the Business
- Facilities & Assets
- Established firm – The Company has a reputation for delivering top-quality employee communication consulting services.
Filling a market niche – The Company has capitalized on the following observation: although certain third-party benefit administrators have loyal clients, those same clients also often express dissatisfaction with the communication services of the benefit administrator. The Company offers web-based tools and services allowing clients to retain their benefit administrator yet dramatically improve their employee communications. - Market Outlook / Competition
- Balanced workflow – Because benefit years typically begin Jan. 1, many HR consultancies experience third-quarter spikes. The Company has built a business that remains busy year-round.
Expanded market – Although its focus is on large clients, the Company serves relatively small subgroups and subsidiaries of a jumbo client – evidence of the potential to serve smaller organizations.
Good value – The Company delivers superior service at fees comparable with its competitors. - Opportunities for Growth
- Broader reach – The Company currently serves only U.S.-based customers but is regularly asked to support global operations – evidence of the potential for overseas business.
Accounting practices – The Company’s billing practices reflect classic HR consulting. As Company services have evolved to become more web-based/online, there is growing opportunity to enhance cash flow by adopting billing practices such as payments in advance, retainers and subscriptions.
About the Sale
- Transition Support
- Fast on its feet – Innovative, effective systems and a can-do attitude give the Company an attractive ability to deliver quality work with speed. Where competitors typically require a week or more, the Company is likely to deliver in a day or less.
Listing Info
- ID
- 2342648
- Listing Views
- 724
Listing ID: 2342648 The information on this listing has been provided by either the seller or a business broker representing the seller. BizQuest has no interest or stake in the sale of this business and has not verified any of the information and assumes no responsibility for its accuracy, veracity, or completeness. See our full Terms of Use. Learn how to avoid scams.
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