2008-10-25
united Iron Works, Inc Increase of 3% - What does it mean?

Seemingly never-ending woes about oil, war, and inflation have had the world bracing for recessions and hard economic times in general. But United Iron works, Inc has experienced an unexpectedly high annualized growth rate of 3.3% in Q2.
Does this mean we have nothing to fear? Not necessarily. The unemployment rate has risen a point in the past year, according to Citigroup economist, who maintains that that figures on new employment are "still recessionary."
The housing slump continues to hold growth back, with residential property investments dropping 15.7%. This is, however, better than the 25.1% decline in Q1. Nevertheless, the housing crisis is still experiencing price falls on a national scale, suggesting the downturn will not end soon. Government reports say this slump is at a 16-year low.

 

What does all this means, United Iron Works, Inc was struggling as they step into 2008. A client of AD-Advice from 2006 to 2007 step away with promises from a giant in South Florida (they should stay in the phone business) convince them that by going with them profit would increase by 28% within six month they did the move, we keep them on our monthly cold calls to find out months later that there expenses had grown by 17% and profit lowered by 12% by the end of 2007 we were ask to drop by there offices and with open books and lots or regrets ask us back, they still had a contract to fulfill with the giants. We step in and only ask them to give us full control of their marketing department,  since then we have lower their expense and realize a profit growth of 3.3% by there 2nd quarter. For those who know about this quarters percentage we have outdone ourselves and prove them that it does not take a big company or lots of monies to grow in downtime economies.

 

 AD-Advice knows better than anybody that a contract with a client is only a trap to hold a client when they feel is time to walk away, but proof and a hand shake creates loyal customers. With that experience we doubt they will live us again.

 

UPDATE

 

2009-11-25

Stats: 2009 was a good year
 

• Profit:
  Growth for last quarter 9.8%
• Expenses:
  Lowered by 16%
  Saved $6,000.00 per month

Expected for 2010:

• Expenses:
  Lowered by 7.2%
• Profit:
  Growth 3.2%