– Company Prepared for Multi-Channel Expansion –
FORT LAUDERDALE, FL — SPRING 2017 – Synergy Enterprises, LLC, a firm specializing in restoring distressed and underperforming companies to profitability and positive cash flow, has completed a nearly two-year project with a technology company preparing to launch its unique, eco-friendly fire suppression and prevention products into consumer, industrial, retail and corporate channels.
The project spanned nearly all aspects of the Company’s operations and delivered a number of significant achievements, including:
| • | Created and executed a strategy to expand the product line-up beyond fire suppression (non-recurring revenue) into fire prevention (recurring revenue) |
| • | Organized the supply chain, documented and minimized lead times |
| • | Created and executed a strategy to expand the product line-up beyond fire suppression (non-recurring revenue) into fire prevention (recurring revenue) |
| • | Organized the supply chain, documented and minimized lead times |
| • | Contracted with third-parties to allow for large-volume production |
| • | Implemented control process for product development and R&D |
| • | Initiated project/priority tracking with deadlines and accountability |
| • | Hired senior executive sales team; began outreach for reps and distributors |
| • | Upgraded and streamlined marketing and sales collateral |
| • | Retained professional public relations firm and expanded investor outreach |
Gary Nacht, owner and CEO of Synergy Enterprises, stated “Stepping into a company with a large and vocal base of frustrated and disappointed investors was a challenge. The first few months were devoted to evaluating and assessing the Company’s strengths and weaknesses, which helped identify what needed to be done to get the Company on a path to success.”
“Over the ensuing months, working in close partnership with key executives, employees and the angel investor, priorities were brought into focus in real-time with steady but sure progress. By the end of the project, everyone was pulling the same direction, a handful of large sales opportunities were gaining traction, and the possibility of getting to cash flow positive was coming into sight.”
“I am especially proud to say that, as a hallmark of our way of doing business, every employee had an opportunity to contribute throughout the process. While some hard decisions had to be made, this collaborative approach was highly motivating and replaced the fear of uncertainty with optimism about the future,” Nacht added.
About Synergy Enterprises
Synergy Enterprises, LLC is a Fort Lauderdale-based firm owned by Gary Nacht, its Chairman and CEO. Founded in 1995, Synergy has been acquiring and advising distressed and underperforming companies for over 20 years across a wide diversity of industries, including Kmart Canada, Northern Reflections, Gemini Industries, DPI International and AmerTac Inc. In the fall of 2013, Synergy launched its Quick Strike Advisory Service to help companies experiencing operating losses achieve short-term recovery.