Everyone at Copper Bottom has decades of experience working with small businesses. We truly invest ourselves in creating positive outcomes for our clients. We dive into your day-to-day operations to work alongside you. We have well-defined, effective processes with a track record of success. Everyone on our hand-selected team was chosen because of their drive, excellence, and passion. We rise to the occasion to solve problems for our clients, no matter how long it takes.
As a small business owner, you have a lot on your plate. When you can’t meet your financial goals or if cash flow becomes problematic, it can become very difficult to find the time and resources you need to address these issues. Problems with employee retention or attracting qualified help can also set you behind.
Small business challenges aren’t uncommon. If your small business starts facing financial challenges or reduced profits, you are not alone. Hardship strikes many business owners, especially within the first few years of operation. It can be hard to maintain an ideal rate of growth as an upstart, especially when you can’t pin down what’s stopping you from reaching your goals.
Within the first year
Within the 5 years
of small business closures are due to cash flow issues
Within the first year, nearly 20% of small businesses fail. And within 5 years, 50% of small businesses falter. Worse yet, 82% of small business closures are due to cash flow issues. Even after 10+ years of operation, unexpected difficulties can arise, such as supply chain issues or interest rate hikes. And yet, how you respond to hardship is more important than the difficulty itself.
We understand how hard it is to build a business and keep it afloat, and that’s why Copper Bottom is here to help. Our full immersion approach allows us to quickly evaluate your company’s financial health and employee satisfaction, build a comprehensive strategy to address problem areas, and work with you and your team to implement the solution. Sailing onward to success isn’t easy – but you’ve come this far, and we’ll help you navigate the rest of the way.