How an established staffing agency broke into a $2 billion market segment in 45 days.

Eplica Identifies Lucrative Venture for Client and Immediately Increases Value

SUMMARY

A calculated expansion strategy allowed a middle market staffing company to increase profit and compete with the nationals.

 

CLIENT PROFILE

 

PROBLEM: Single Line of Business

When faced with time-consuming operations and limited staff, many leaders simply don’t have the resources to spend on identifying new ventures. As offshore operations continued to dwindle the United States’ staffing market, this client specializing in light industrial staffing had to diversify service offerings to stay afloat. As a result, the client sought out Eplica’s consulting services to identify a sensible growth strategy.

 

SOLUTION: Market Analysis and Expansion Strategy

Eplica conducted thorough research that included assessment of the client company’s strengths and weaknesses, the regional market trends and the client’s competitors. Eplica’s management consulting team then worked together to identify the most valuable diversification strategy for the client. Leveraging its extensive staffing company network, Eplica was able to create an opportunity for growth by pairing the client with a construction staffing business in the same region. Because both light industrial and construction staffing have integration points, the new venture was a natural fit and immediately increased the value of the staffing business while expanding its market reach.

 

RESULTS

• Client added value through new service offering that complemented existing specialization.
• Client added two locations in the Western region of the United States.
• Client experienced increased gross margin with limited overhead through strategic partnership.

 

LEARN MORE

• Find out how Eplica Services can help your business today:
• Call 877.337.5422 or request a quote.

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