Ingenuity-Studio is an integrated marketing agency that is specialized in full-fledged creative and innovative solutions.
THE COMPANY BEFORE
Ingenuity needed support in Human Resources department where the employee turnover was higher than average. The company also suffered from continuous cash deficit in spite of its profitable business model.
Elevate Business Consulting team created an employee benefit scheme that was directly adopted and advised Ingenuity team to relocate its office as its original location was an unfriendly one.
Elevate Business Consulting team solved the financial issues by introducing a new invoicing cycle and a new cash collection policy in addition to new financial terms for Ingenuity’s future contracts.
Elevate Business Consulting team also proposed new lines of business that would generate new revenue streams.
The Company After
After implementation, Ingenuity’s cash position gradually improved. The employees’ turn over rate decreased and operations in the proposed new lines of business has started and generated revenue.