Giersch Milwaukee Bookkeeping for Business
Case in Point
From the Client

“The Giersch Group helped me turn my business around at a crucial time and even stepped in to do our accounting when my bookkeeper resigned suddenly in the middle of the project. Ultimately, they helped me sell the business.  They completely turned around my situation.”

Jim Wirtz, President, Jim Wirtz's Woodworks, Inc.

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Milwaukee consulting firm case studies
Profile

Before being acquired by a large competitor, Jim Wirtz’s Woodworks was the premier provider of custom cabinetry to residential and boutique commercial clients in the Milwaukee area. Wirtz is perhaps best known for their work on the complete renovation and transformation of Johnny Manhattan’s, from a hole-in-the-wall pizza joint to an upscale supper club that continues to wow its patrons with its gorgeous design and craftsmanship.

Common issues small businesses face
Problem

During the recession, most contractors and subcontractors in the building and remodeling industry suffered cash flow issues, and Wirtz was no exception. Although they were able to climb out of the recession, a long list of vendor bills threatened the business’s viability.

 

Solutions for Milwaukee small businesses
Solution

The Giersch Group began by addressing the accounts payable problem with their cash flow management process. Meeting every Monday they reviewed the cash flow for the previous week and the cash needs of the coming week. With careful tracking of a detailed cash flow spreadsheet, the team developed an orderly plan to pay down creditors.



Positive results for Milwaukee organizations
Result

Within just about a year, Wirtz was able to reduce a six-figure debt load to 30 days of accounts payable. Also, in the middle of this year, his long-time bookkeeper suddenly resigned; the Giersch Group was able to place one of their client controllers in that role to keep the process moving smoothly. Shortly thereafter, Wirtz was approached by a competitor who wanted to purchase the business and Giersch Group’s M&A practice helped to structure and close the deal.

 

Milwaukee Bookkeeping & Business Consulting Firm Reviews

The Giersch Group has helped hundreds of small businesses, family-owned businesses and nonprofit organizations in Milwaukee, Madison and southeast Wisconsin foster success by the numbers.

Read testimonials and case studies below and contact the Giersch Group today!

"Extremely knowledgeable & quick to understand our immediate needs"

"On the recommendation from one of our board members, we hired the Giersch Group to help clean up some routine bookkeeping items. They are extremely knowledgeable and were quick to understand our immediate needs. When our office bookkeeper resigned suddenly, we were very fortunate the Giersch Group could step in and provide continuity in keeping us current on our financials. We would highly recommend their services - both on a short term or long term basis."

Linda Clark Klibowitz

President, CelticMKE

Read Case Study

 

"Challenges me to think bigger and better"

"Working with Peter has taught me how to start my own business and has helped me to develop the confidence I need to make tough decisions. He consistently challenges me to think bigger and better. The value I can offer my clients is greatly increased due to the feedback I receive."

Katherine Adamek
2 time Olympic Medalist, Fix Your Mindset

“Helped me turn my business around at a crucial time”

“The Giersch Group helped me turn my business around at a crucial time and even stepped in to do our accounting when my bookkeeper resigned suddenly. Ultimately, Peter helped me sell the business. He was very helpful.”

Jim Wirtz
Jim Wirtz's Woodworks

“Expertise and steady work ethic”

“The Giersch Group has provided us with bookkeeping and controller services for over a year. Ken’s expertise and steady work ethic has been very helpful to us over that period.”

Fr. Don Brick
Treasurer, Discalced Carmelites of Holy Hill

“Like having a personal trainer”

“Having the Giersch Group on our team is like having a personal trainer. They help you surpass your personal best and take the risks needed to make it to the next level. With all we have invested in our business, we wouldn't have it any other way!”

Pam Foti and Jenny Wagner
Vesta Senior Network

“Helped us cast a vision”

“In the past year, the Giersch Group has helped us to reexamine all of our development processes and cast a vision for our 50th Anniversary that is both challenging and exciting. They’ve been a big help.”

Heather Weininger
Wisconsin Right to Life

“Family run business assessment was very helpful”

“The Giersch Group family run business assessment was very helpful to me as I began to ponder the importance of succession planning and our future as a family company.”

Dick Magliocco
Exhibit Systems

“Knowledge of small business finances”

“I turned to the Giersch Group to better understand how to grow my business and improve my financial systems. Their knowledge of small business finances, ratios, benchmarks and targets was helpful to me as I sought to understand what goals I should set for myself.”

Anne Sherman
FNP, Sustainable Paths

“Strong team with a lot of depth”

“The Giersch Group has been a steady partner ever since they took over our bookkeeping. They have a strong team with a lot of depth and they get the job done.”

Pete Kowalchuck
Sandmasters, Inc.

“Very happy with the process”

“We have been using the Giersch Group board services for about 2 years now and have been very happy with the process. In particular the monthly financial analysis really helps us dig into our balance sheet, income statement and cash flow in a way that we weren't doing on our own.”

Mark and Linda Carlson
Team Carlson LLC dba Sport Clips Haircuts

“Moving forward on the path to growth and success”

“We reached out to Peter and his team for assistance in building the infrastructure for our family business and defining the relationships that would ensure a clean transition to the next generation. Peter and his team are asking the hard questions needed and steering us through our family board meetings to keep us moving forward on the path to growth and success as a business and as a family.”

Bob Gross
Gross Automation, LLC

“Provided a great deal of clarity and direction”

“As a new executive director, the Giersch Group has provided a great deal of clarity and direction to both me and my board as we worked through the explosive growth of our organization in the past two years.”

Dr. Katherine Wilson
The Zeidler Center

“From a small grassroots organization to a powerful force for good”

“Peter and his team have been instrumental in helping Serenity Inns make the leap from a small grassroots organization to a powerful force for good in the inner city of Milwaukee. Specifically, the way they handled our board and strategic direction made all the difference in helping our organization reach the next level.”

Dave Romoser
Chair, Serenity Inns Board of Directors

“Helped us successfully transition our business”

“We’ve worked with Peter Giersch for many years. Throughout that time, Peter was very responsive. He was sensitive to the issues that face a family owned business being passed on to the second generation and was tactful in communicating what we needed to accomplish to get it done! As a result, the Giersch Group helped us successfully transition our business to the next generation and improve our systems over time. We continue to work with the Giersch Group as a consultant and board member.”

Tom, Barbara and Louis Weiher
Carmel Builders

“Led us into the black with weeks to spare”

“The Giersch Group stepped up and out to help us address a financial shortfall with a very small window for operation. They expertly motivated the board and our executive director to marshal our existing resources and led us into the black with weeks to spare. We look forward to continuing our relationship as together we work to create a strategic direction for the next 3-5 years.”

Dee Bernhardt
Treasurer, Casa Romero Renewal Center Board of Directors

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