Romano Glass is a frameless glass door design and installation specialist, which has been operating for many decades servicing both the residential and commercial verticals.
Background
As Managing Director of Romano Glass, Riccardo Casarotti has presided over a period of substantial growth at the company with demand for its specialised glass door products increasing exponentially.
Not only has revenue, profitability, and headcount grown, but Riccardo has also been instrumental in directing the company towards a more specialised niche, involving the importation of bespoke products, systems, and machinery from Europe.
Scope of engagement
While Riccardo’s relationship with Falanga & Co predates these significant shifts for Romano Glass, he acknowledged that the multi-disciplinary expertise available has played an instrumental role in helping him make informed and strategic decisions.
“As our business has evolved, so have the complex financial and operational challenges which we face. From matters relating to payroll, licensing, or compliance, we’ve had to increasingly depend upon Falanga & Co’s deep expertise and experience, and to say we’ve been impressed would be an understatement”.
From bonus incentives, purchasing new vehicles, and setting up trust structures, Riccardo emphasised that the Falanga & Co team has helped across all aspects of the business which was indicative of a true partnership.
To illustrate the point, Riccardo recalled a specific scenario:
“We’d been considering whether to go ahead with purchasing some new equipment for the business, but we weren’t sure about the capital outlay. When we asked Falanga & Co for their advice, they didn’t just look at the cash flow, they broke down the purchase cost and then forecasted the benefit which it could potentially have. This painted a much clearer picture for us and was invaluable information.”
Looking ahead
Riccardo mentioned that he would likely be leveraging the various other services offered by Falanga & Co in the future, and that it was both useful and beneficial to have access to services like financial planning, all under one roof.
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