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MERVIN WINSTON, LTD.
WE LOOK
at the
NUMBERS,
then
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Mervin Winston, Ltd.
CPA's and Business Consultants
3033 Campus Drive
Suite W115
Plymouth, MN 55441
Phone: 763-557-6030
Fax: 763-557-9030
E-mail: info@mwinstonltd.com |
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Case Study
- Executive and Operational Management Consulting |
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Client
Industry: |
Native
American Tribal Business |
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Client
Issue: |
Assessment of economic contributions to the county |
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Background: |
The
Tribal leaders and administrators of a Native American Tribe, whose five
businesses generate annual revenues well over $100 million, were unclear
of the Tribe's actual contributions to the economic health of the county.
They also believed the county's elected officials and senior administrators
were not aware of the Tribe's contributions. County government leaders were
suggesting that the Tribe's annual support to the county should be at a
multi-million dollar level. |
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The
Mervin Winston Ltd., Solution: |
- Analyzed the following criteria to determine the economic impact:
a) Number of jobs
b) Payroll generated
c) Payroll and real estate taxes paid
d) Health benefits to employees
e) Commerce generated by attracting people to the area
f) County welfare system's savings resulting from
the reduction in welfare payments to Tribal community members
- Developed and presented an economic impact study to the County Commissioners and to the senior county administrators.
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The
Results: |
- County commissioner's requested contribution to county support reduced
from $2 million to $200 thousand.
- Relationship between the Tribal leaders and the County officials was
more cordial. County elected officials and administrators became significantly
more aware and respectful of the contributions of the Tribe's businesses
to the county's economic health.
- Tribal leadership became more keenly aware of the huge economic impact
of their enterprises. This awareness markedly improved their ability
to communicate their organization's contributions to local, state and
federal leaders and officials.
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