Cannon's Upholstery

Latrice Cannon | Owner

"Lorem ipsum dolor sit amet, consectetur adipiscing elit. Pellentesque consectetur tortor et elit accumsan elementum. Pellentesque nec risus purus. Vivamus sem purus, congue ut lacus non, iaculis interdum augue. Quisque malesuada nibh augue, sed viverra enim mollis eu. Aliquam erat volutpat. Nulla id elit turpis. Praesent sit amet nisi euismod, pharetra lorem sit amet, facilisis orci"

BACKGROUND

Cannon’s Upholstery, Inc., a Phoenix-based upholstery business led by Latrice Cannon, engaged Waters Business Consulting Group (WBCG) in February 2025 to support the company’s next phase of growth and operational refinement. At the time of engagement, Cannon’s Upholstery was an established business generating approximately $600,000–$700,000 in annual revenue, with ambitions to expand its commercial and residential client base while strengthening internal systems and profitability.

Despite strong market demand and an established brand reputation, the business was experiencing operational strain. Production scheduling was reactive, job tracking was informal, and leadership capacity was stretched across estimating, customer communication, material ordering, accounting, and financial oversight. The company sought greater financial clarity, improved workflow structure, stronger team performance, and a scalable growth roadmap.

WBCG introduced its Profit by Design™ framework to provide a structured, data-driven approach. The engagement focused on operational streamlining, financial forecasting, marketing strategy, leadership development, and long-term scalability through a 150-day action plan designed to stabilize operations and position the company for sustainable growth.

Cannon's Upholstery

cannonsupholstery.com

CLIENT INDUSTRY:

Upholstery and Furniture Services

From Cash-Based Challenges to Financial Clarity and Operational Discipline.

The Challenge:

The Solution:

The results:

See more case studies.

Moe Allen | Auto Body Shop Phoenix, AZ

Moe Allen increased sales and improved cashflow

Moe Allen | Auto Body Shop Phoenix, AZ

Moe Allen increased sales and improved cashflow
LEARN MORE

Fleming's Auto & Diesel Repair | Chandler, AZ

Fleming's Auto & Diesel Repair . Chandler, AZ

Fleming's Auto & Diesel Repair | Chandler, AZ

Increased revenues by 120% in 1st year with higher margins
LEARN MORE

ERI USA | Eco-Friendly Packaging

Increased investor return and helped provide direction, focus & clarity

ERI USA | Eco-Friendly Packaging

Increased investor return and helped provide direction, focus & clarity
LEARN MORE

ARE YOU READY FOR A FREE CONSULTATION TO GET YOU ON THE RIGHT TRACK?

Imagine Selling Your Business…

How Would Your Life Change?

You didn’t start your business just to stay busy—you built it to create freedom, security, and options for yourself and your family. Selling your business can be life-changing, but the real question is whether you’re intentionally building toward that outcome or simply leaving it to chance.

Sign up below for a free consultative session to learn what your business could be worth today and in the future! 

Thank you for your interest in learning what your business is worth. We will be in touch shortly.