10 Year Anniversary
Hardesty LLC over the last 10 YEARS
Mid-market M&A transactions supported
Private Equity Clients
Unique Job Positions
Hardesty LLC continues to celebrate its Tenth year in business, tallying record results for the firm in 2021, growing topline revenues over 40%.
Add the impact of the COVID pandemic; lockdowns, the sudden shift to remote working, massive logistics dislocation and unprecedented Federal intervention, it takes a special kind of expertise to pivot and thrive.
How many companies make it to 10 years?
Inc. Magazine reports that 96% of small businesses fail in their first 10 years.
For a new small professional services business, according to Fortunly and Entrepreneur, there are five crucial elements to beat the odds and get to 10 years on a sustainable upward trajectory.
Have a product the market wants and business plan to deliver it
Be well capitalized and manage cash carefully
Build a solid, experienced team and leverage your network
Maintain focus, expand carefully, be ready to pivot
Out work/out compete the competition
When Karl Hardesty started Hardesty LLC, he was building on a proven model that he helped develop as the Regional Managing Partner for the largest national CFO firm, Tatum. After Tatum was sold to Randstad in 2010, Karl formed Hardesty, LLC to develop a more focused and high-touch executive services firm catering to the middle market entrepreneurs and private equity firms.
That experience made it clear that middle-market firms frequently need highly capable executives quickly, often on a moment’s notice. The firm that can deliver the proper talent will earn repeat business and become the gold standard.
As a former Big Four partner and CFO for both public and private companies, Karl Hardesty and his core team of equally experienced executives, had a firm handle on building the practice and managing cash flow. This foundation of strength was critical to attracting partners and key executives in the early years as well as allowing the firm to expand across the country and demonstrate the ability to source talent in both large and small markets. The firm earned several Fastest Growing Firm Awards during the formative years.
According to the National Center for the Middle Market and MYOB, the research shows that there are five critical keys to success.
This is why Hardesty is the best resource for middle-market businesses, private equity, healthcare and many more industries for the next 10 years and beyond.