Lightning Man Promotions Ltd (referred to as LMP) has been in business since 1993. I have personally handled this account for the past six years. In this time I have seen how LMP operates. Tony Duffy, president and shareholder, manages his company efficiently with few excesses. Every cost incurred is vital to the project. This is evidenced by low overhead. Over the past six years overhead has averaged at 15%. How does LMP do this? Several factors account for LMP’s financial thriftiness: experience, negotiated efficiencies, and hiring practices.

As stated above LMP has been in business for more than 15 years. In this time LMP has developed business relationships with vendors, independent contractors, and venue owners across the country. They know LMP’s work and the revenues his events generate for the parties involved. Tony leverages these relationships to negotiate efficient pricing and costs. He carefully budgets each event down to the line item. Long time experience allows Tony to be accurate in his estimates. Each line item of the budget is negotiated with the vendor. Any line item which may go over budget is compensated for by other line items coming in under budget. His record keeping is detailed and exact. This has aided me in tax preparation, but serves LMP as well. It serves as a template for new projects.

LMP employs a hiring practice known as “flash staffing”. This process allows Tony to hire only those individuals or vendors that are needed and qualified for a particular project.

LMP’s agency fee is negotiable and generally under the industry average. LMP can accomplish this because of the efficiencies Tony generates. Your business will benefit by staying within budget with no unexpected costs. LMP benefits by receiving the contracted price. Prior experience exemplifies Lightning Man Promotions ability to stay within budget and avoid costs.

Tony is working hard to increase LMP’s presence in the industry. Over the past couple of years the company has increased its revenues by forty percent on average. LMP has taken on new projects and revenue streams. Using his past experience Tony creates successful new events profiting all parties involved. Although LMP is striving for a larger presence, it is Tony’s intention to remain efficient and cost effective.

Twenty percent of the management fee is expected at the effective date of LMP’s contracts to allow the project to begin. Monthly payments are then expected on the first of each month.

Sincerely,
Lisa Wolfson Jones
Certified Public Accountant

MACK-L ASSOCIATES, INC
116 S. Deerpath Road
Vernon Hills, IL 60061
Phone: 847.327.9575
Fax: 847.932.1954