William ParkerWilliam Parker is the founder of Parker Revenue Growth Strategies, a business management services firm that develops business plans and organizational fitness strategies to maximize value and operating results for businesses. Named one of the “Power 30 Most Influential People in Discount Retailing” by Discount Store News, Parker has served as a senior corporate...
The coronavirus pandemic has laid bare the fragility of the retail business sector in so many ways. Shutting a retail store to all customer traffic decimates the income statement, cash flow and financial health of the retail company. These factors will ultimately lead to the way the customer shops since they have been on ‘stay...
I attend a lot of networking meetings, social events, cocktail parties and one on one meetings with various trusted advisors and business people. In order to be more effective during those sessions, I ask questions about the brand message, brand story and brand promise of the advisor. The trusted advisor’s brand message should begin with...
Parker Revenue Growth Strategies – Who We Are Parker Revenue Growth Strategies (PRGS) is a revenue growth and business turnaround management firm that dramatically improves operating systems and results for mid-size companies, non-profits and private equity portfolio businesses. The company provides business assessments to prepare privately owned companies for an exit strategy for maximum return...
When I am going through the organizational fitness business assessment process with business owners, one of questions that I ask is, “What is the value of the business”? Often times, I hear, “I”m not sure, or its worth millions more than the balance sheet indicates”. An entrepreneur must be committed to building a company with...
It is inevitable that a small to medium size business will falter in the execution of its business strategy at some point during the lifetime of the business which will have an impact on employees, customers, and other stakeholders, and may necessitate the need for business restructuring and turnarounds. Therefore, when that time arrives, it...
The “Great Recession” began in December of 2009 and officially ended in late 2015. There were few businesses that were not hard hit or left unscathed from the financial meltdown that destroyed thousands of small businesses and brought a number of Fortune 500 companies to the brink of insolvency. Ten years later, most of us...
The Strategic Trusted Advisors Roundtable {STAR}, a leading San Diego networking and referral non-profit organization, has announced its annual election of officers for 2019. William H. Parker from Parker Revenue Growth Strategies was elected President of the organization and will serve a one-year term from February 1 to December 31, 2019. Parker stated, “I am...
Yogi Berra, the famous catcher for the World Champion New Yankees once said, “If you don’t know where you are going, any road will take you there”!!! It’s 2019 and it is vital that business owners develop a financial plan and budget that outlines the goals and objectives of the business; in other words, a...
During a business turnaround, the first thought is to dive into the financial condition of the business and immediately develop methodologies that improve cash flow and reduces expenses. I submit that a deep dive into the fitness of the organization will reveal deep fissures in how the company is being managed; then study the leadership...
