Discount Party Supplies

Learn how we helped an online retailer grow revenue by 400%.

Altitude Advisory has been working with online retailer, Discount Party Supplies for the last 3 years. Based in Lonsdale, Discount Party Supplies is one of Australia’s leading online party stores.

Discount Party Supplies was progressing but needed to plan for a way forward. It came to Altitude Advisory seeking help to put plans and structures in place. Without these frameworks, the business would experience risk and limitations to grow.

 

Our Approach

After undertaking a thorough review of the business, Altitude Advisory quickly put in place:

  • A strategic plan with clear goals
  • Meeting structures, operating rhythms and accountabilities
  • Detailed financial reporting to allow real time data and accurate profitability
  • Budgets and cashflow targets with benchmarks to keep the business on track
  • Blue force planning to govern recruitment and overall management of the business

 

The Outcome

After putting these strategic frameworks and measures in place, Discount Party Supplies has experienced revenue growth of 400% since 2018. It has also appeared on South Australia’s Fast Movers 2020 list.

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What our clients say

"We have been an Altitude Advisory client for 15 years. Andrew, Daniel, Rachiel and the team are excellent to work with, and are an important part of our overall team of advisors. Keep up the great work Altitude Advisory."

Luke Talbot-Male
Adventures Beyond

"Timely advice, strategic planning, no stress service."

Brian and Glenys Baldwin