This New York business consulting firm is basking in the recent success that mortgage and title insurance businesses enjoy, while making a significant contribution to it. 2012 has been a particularly profitable year for Mandrien, and the first two quarters alone yielded a significant increase in revenue. The numbers are not as surprising as they might seem, because people are less reluctant to invest in real estate, and the number of contracts had increased. Many companies that were trying to consolidate their position along this line of work, are now considering opportunities to expand beyond borders.
While they have no intention of starting new ventures outside the United States, they have several obstacles to overcome if they are to expand in different states within the U.S. The need for consulting services is more acute than ever, especially with the noticeable differences between the legislation in different states. Starting on the wrong foot will only lead to significant aggravations, on the long run, and in the end, a hasty expansion can backfire. By taking it one step at a time and working with a reputable group of title insurance specialists, they set the foundation for sustainable growth.
Strategic planning is something that Mandrien is particularly good at and the reason for why they thrive is that they pay attention to each customer’s needs. These vary depending upon the size of the title insurance company and the long-term projections, but also on the economic context which is in this case favorable.