Profits fuel your business future, creating opportunities for launching new products, entering new markets, and accessing capital. Optimizing operations, attracting and retaining top talent, and developing new business models are the building blocks of improved profitability.
Systematically address inefficiencies across your operations to decrease costs and reassign resources while improving quality and predictability.Connect with a Partner for this Solution
Innovate Your Business Model
Your business model describes the economics of your business and how you create, deliver, and capture value. Explore new models that sustain or improve profitability as you scale.Connect with a Partner for this Solution
Build a Board
Create, expand, or develop a fiduciary or advisory board to bring diverse perspectives to your company and help you effectively evaluate strategic alternatives.Connect with a Partner for this Solution
Attract, Engage and Retain High Caliber Talent
Increase ROI and build value by improving employee engagement, aligning human capital goals and strategies with your vision and business objectives, and assessing the effectiveness and efficiency of your human capital functions.Connect with a Partner for this Solution
Prepare for Intergenerational Transfer of the Business
Transferring a business within a family is complex. Developing a formal succession plan to address the financial, estate, tax, and legal issues up front will ensure that your family isn’t left in a bind later.Connect with a Partner for this Solution
Expanding into New Markets
A Case Study
VRC Metals, an emerging growth company built on University technology “Cold welding” and Government Contracts with the military, was struggling with how they might expand into commercial segments.
Newport helped conceptualize the opportunity to sell out source contracts, rather than sell equipment or develop parts refurbishing operations, which is very capital intensive.
We introduced the company to a massive potential customer and joint venture partner. This enabled them to enter into discussions to leverage the company’s IP and expand it dramatically on the other company’s balance sheet.
What a Gas, Building a Board
A Case Study
Newport was introduced to a natural gas processing company who were interested in forming a board. The leadership team was young, but aggressive. After building trust we began to work on needed improvements before a board could begin to add value. Our work has included helping them develop a strategy of customized equipment offerings; helping them deal with partners who were hindering their efforts; helping recruit people with needed skillsets, and helping them build processes. Ultimately, this led to setting up a board. The success of these efforts led to expanding our word to advise them through a very rapid growth spurt. That growth continues to this day. They ended 2018 at 6x the sales of the previous year and 4x the maximum sales they have ever experienced along with a run rate of $75MM/yr
Project Drive, a Client’s Perspective
A Case Study
We invited Tony Cord and Fred Fink to work with our leadership team to help execute on the vision and growth strategy. As a global company with a dominant position in the Urban Mobility industry, we needed to transform our business model and provide additional services to our customers to maintain the competitive edge. In this regard, Newport was instrumental in advancing our M&A strategy. In addition, our leadership team itself was undergoing transition with the appointments of a new CEO and CFO. With assistance from Newport’s team, the newly-formed deal team had to quickly learn about each other’s strengths and working styles. Tony and Fred worked with us to not only guide us through the process of target sourcing but also were instrumental in representing our brand to the prospective target companies. Their soft touch approach, deep expertise in growth strategies and execution, and willingness to roll-up their sleeves was instrumental in our success.