BEST PRACTICES
BEST PRACTICES/CONSULTING AND MANAGEMENT
WHAT DOES THE ECONOMIC RECOVERY MEAN TO YOUR BUSINESS?
Are we really in recovery? As the country attempts to “Re-
Open,” we see businesses and individuals continuing to struggle
financially as the government wastes valuable time and taxpayer
money debating over what is best for the American people. The
government does not know what is best for your business; it is up
to you to take action.
The ultimate reality is what it has always been, if your business
needs a turn around, it is up to you. Do you understand your
business’ current financial situation? Have you explored expanding
your market served? Do you have enough sales energy to make it
happen? Have you explored tax mitigation and expense reduction
strategies? If you answered “no” to any of these questions, your
business most likely is not in recovery and you are in need of
financial, sales or operational assistance. When it comes to our
personal health, we all understand that early detection and an early
treatment greatly improve the odds of a successful outcome. The
same holds true for your business, the earlier you recognize what
needs to be achieved the greater the likelihood of success.
With that said, where do you turn for this assistance? As we
discussed earlier expecting assistance from the Government is
not a good plan. I would suggest that your best plan is to hire a
team of seasoned business executives to enhance your skill set
and team up with you to attack the tasks at hand. While this is the
best way to achieve your goals, it is the costliest and out of reach
for most SMBE’s. There is however a way to enjoy the benefit of a
seasoned management team while saving 75% of the cost.
Retain a full-service management advisory firm to work beside
you to accomplish your recovery goals. Hiring an out-sourced
management team to assist in your business growth will produce
results and will turn cost positive within a few short months. In
addition to its existing portfolio of business consulting/advisory
services and outsourced management services in accounting,
Christopher Morhardt is the President
and Founder of Florida based Pharus
Group, LLC and Managing Partner of
Pharus Global. He received his Bachelor
of Science degree from the University of
Massachusetts in Amherst and continued
his education in business administration
and entrepreneurship at the University
of Hartford in Connecticut. In addition to
multiple achievements and certifications
in small business practice, Morhardt has
been honored by the U.S. Small Business
Administration SBA in 2002 as Young
Entrepreneur of the Year and was presented
with two Torch awards from the Better Business Bureau BBB for
business integrity. As a “Serial Entrepreneur” having successfully
started, grown and sold multiple small businesses, Morhardt has over
28 years of successful business management experience and maintains
a proven strength in business analysis and implementation of success
strategies for improved performance and profitability. His diverse
background experience lends to an ability to balance practicality with
comprehensive solutions and problem solving skills.
CHRISTOPHER MORHARDT
payroll processing, human resources, marketing and operations,
Pharus Group has expanded and added on a breadth
of new services. These include small business lending and
commercial mortgages, business and personal insurance,
business and personal credit management services, commercial
and residential real estate services, home mortgage
solutions and medical practice management. “We are
excited to offer these new services after recognizing the
needs of our valued customers and responding to them,”
states Christopher Morhardt, president and founder of
Pharus Group and managing partner of Pharus Global. “Our
business eco-system provides all of the support you need to
start, grow, finance or sell your business or real estate.”
To be successful in the “New Economy” you must take
command of your own recovery and get the assistance that
will make the difference. Understand your own strengths
and weaknesses and do not be afraid to ask for assistance in
those areas that are outside your comfort zone. There will be
many businesses that will thrive in the future. Take the steps
to be among them. With a focus on integrity and providing
true value to its customers, Pharus Group has evolved
into a trusted source with professionals on hand to help
with all facets of business. Now more than ever, business
owners must be able to rely on one trusted source for all
their business needs. With the launch of this new powerful
ecosystem, Pharus brings a new level of services to businesses
that cannot be replicated. For further information on
Pharus Global and the resources available to help grow your
business strong, visit www.pharusglobal.com.
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