Livery Excellence Groups are peer groups of 10 limousine business owners that meet online six times per year. Modeled after the 20 Group concept well known to the automotive industry, the Livery Excellence Group Online is a carefully selected group of 10 non-competing limousine companies that will help each other to improve business practices, planning and performance with the assistance of a professional consultant.
All Livery Excellence Group members receive monthly financial composites for comparison of primary cost centers and other expenses. The Livery Excellence Group meets online every other month for discussion about the composite and to exchange marketing strategies, effective management practices and tried, tested & proven ideas in general.
The single most productive activity I undertook as a limousine businessperson was a membership in the industry’s first peer group of this kind. At the time the group was formed I had annual revenue under a million. Sitting at a conference table with owners of companies doing over five million was a little intimidating, to say the least. By the time I departed from that first meeting I had received ideas from these gurus that never would have crossed my mind. More impressively, I had given ideas to the “big guys” that they took home and implemented in their business right away.
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Filed under: News | Tagged: livery, livery excellence groups online, News, peer groups
