This milestone is significant towards the company’s ability to finance future purchases of small businesses
HAMILTON, Ontario (PRWEB) March 29, 2019
Stallion Enterprises International Corporation (“Stallion”) is pleased to announce that following deposits made in January 2019, the company now holds over $150,000 in assets under management on behalf of its core holdings and that of key clients. Stallion also announces the commencement of its business portfolio management services as of March 1, 2019.
“We are pleased with the progress that Stallion has to increase cashflow through accumulation of assets, and therefore reduce the proportional fixed costs of the business”, stated Andrew Soave, Director of Business Development and Operations. “This milestone is significant towards the company’s ability to finance future purchases of small businesses”.
Stallion anticipates significant opportunity among small businesses for financing, business management, and retirement buy-outs in North America as demographic trends continue. The company has updated its service offerings as a result.
“Many small business owners undervalue their time and limit their businesses as a result”, Soave says, “most businesses we see could have all of their administrative tasks delegated elsewhere for as little as half the price of Ontario’s latest minimum wage. Even if that’s only ten hours a month, that frees the owner to get a new client, make an important decision, or take an extra day off”. Stallion, for instance, has reduced administrative costs significantly through simple tools based in Microsoft Excel and partnering with Laungstack Solutions Private Limited (“Laungstack”), a virtual assistant company based in Kolkata, India.
“Books like The Four Hour Work Week by Tim Ferriss had promoted these companies in the last decade; however, many people using these services haven’t used them effectively, which led to dissatisfaction and ultimately wasted spend. Lower usage combined with increased competition between virtual assistant companies has reduced the prices and improved the profitability of using them. This delegation is most effective if you create standard operating procedures for the recurring tasks”. As a process improvement expert, Soaves sees written procedures as the first step that Stallion takes with any client.
“Many clients underestimate the number of tasks that can be outsourced to virtual assistants”, comments Subhadeep Adak, Director at Laungstack, “because they think that the required information is at the business site. This is often a misunderstanding, since most company information is computer-based and can be stored in secure shared drives”.
Soave sees an exciting year ahead: Stallion continues to work with investors to enable another self-storage facility in Port Colborne, as he sees the industry becoming a more popular space to invest. “We will continue to diversify the business and clients using the company’s core strengths”. Affordable Port Colborne Self Storage is set to open in April 2019.
For inquiries contact runwild(at)stallioneic(dot)com or info(at)laungstacksolutions(dot)com.
Stallion Enterprises International Corporation provides its clients a strong return through the purchase, management, and profit improvement of businesses and other assets. Since 2014 the company has provided consulting and contract work to companies and improved their profitability through improved sales, optimal pricing, or lower costs through process improvement and simplification. Stallion Enterprises International Corporation is involved in several industries such as real estate, self storage, and moving; property management and services; professional services such as accounting, consulting, and recruitment; financial services such as banking and insurance; energy; healthcare; and retail and food services. The company is based in Oakville, Ontario and has additional offices in Canada. More information can be found at http://www.stallioneic.com.
Laungstack Solutions is one of the leading virtual assistance service providers in India, delivering top notch service to its customers. Laungstack Solutions Private Limited is known as the best service and solution provider for small and large businesses. Virtual assistants of Laungstack provide various services including digital marketing, email marketing, web development, graphic designing, cold calling, calendar management, start-up assistance, content writing, travel itinerary and more. Dedicated team members of Laungstack are able to handle a large scope of tasks at once, yielding impressive results to small and large businesses. Highly skilled virtual assistants of Laungstack Solution perform creative, technical, administrative and other important business services. Visit http://www.laungstacksolutions.com for more information.