Testimonials

XYLEM BUILDERS, Inc.

231 Washington Street Weymouth, MA 02188 (781) 331-3800

Anthony P. Burruano
Edward A. Sundberg
Joint Managing Directors
Burruano Group, Inc.
649 Fifth Ave. South
Suite 216
Naples, FL 34102

Dear Gentlemen:

As part of your engagement with our company, Xylem Builders, Inc., and its two construction divisions: Archadeck South Shore and A X Builders, you requested that we provide you with a letter detailing our level of satisfaction with your firm.

We are happy to give you our highest level of satisfaction rating. When your firm first came to our offices, we had serious cash flow problems, banking issues, and problems with reporting profit, job controls and financials. On the first day, the Burruano Group analysts were at our office quantifying the problems and immediately putting in place the management processes and controls needed in estimating, field materials and job labor hours. The results were not only a gain in margin of nearly 20 points, a return to profitability and better cash management, but even though our company was in “bank workout”, with our new profits and restated/accurate financials, we were able to secure a new bank due to the efforts of Burruano Group.

We now know the status of our jobs each week, we are meeting or exceeding our sold margins on jobs, our financial statements are timely for ourselves and the bank, and Burruano Group has begun a process to improve our bid to award rates. Our sales have increased, we see dramatic profit results and our increased cash flow is paying off old debt and moving us forward.

One of the questions that you asked me early on was, “Given the dire financial conditions of your company, do you just want to give up or are you willing to listen, act and fight out of your current conditions?” Well, we decided to listen, we acted on their recommendations, we fought it out. We know now that the battle was worth it!

We recommend Burruano Group and its personnel and services to any business that wants to be better than they currently are, likes open and honest communications, and needs to find a firm they can trust for consistently sound advice and action steps that work to produce more profit and sales.

With Regards,

David Newton, President

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