Maximizing Profitability for CTS & Associates
Project scope
Categories
Operations Market expansion Sales strategySkills
growth strategies operations tax creditsCTS & Associates is a family-run company with over three decades of experience in optimizing tax credits and grants for businesses operating within the trades sector. The goal of this project is to create an overall plan to ramp up and expand their operations to maximize their profitability. This will involve several different steps for the students, including:
- Analyzing CTS & Associates' existing operations and financials.
- Developing a plan to increase their profitability.
- Researching potential opportunities for growth.
- Identifying areas for improvement in their current operations.
- Developing strategies to capitalize on their niche area of focus.
- Creating a financial understanding of the company.
By the end of the project, students should demonstrate:
- An understanding of CTS & Associates' existing operations and financials.
- A plan to increase their profitability.
- Identification of potential opportunities for growth.
- Strategies to capitalize on their niche area of focus.
- A financial understanding of the company.
Final deliverables should include:
- All source code.
- A written report explaining the design process and outcomes.
- Meet with learners at least once a week
- be available to answer additional questions via email
- provide information and context about the business
- provide guidance and feedback as needed
Supported causes
Decent work and economic growthAbout the company
CTS & Associates is a family-run company with over three decades of experience, is a company dedicated to optimizing tax credits and grants for businesses operating within the skilled trades sector. Their unwavering commitment lies in assisting businesses that often find themselves overwhelmed with day-to-day operations and thus lack the resources or time to navigate the complexity of financial incentives. CTS Incentives specializes in identifying, securing, and ensuring that these businesses can capitalize on all available funding opportunities. Through their expertise and dedication, they empower businesses to not only thrive within their respective industries but also access the financial support it is available to them, ultimately contributing to the growth and success of their clients.