Russ Meinhardt

Owner @Legacy Business Consulting

💰 Investor & VCExecutive CoachBusiness Owner💼 C-level Executive🗿 HRCEOCTO🧨 Consulting✨ Business OwnerCOOInvestment AnalystBusiness Analyst

Russ Meinhardt is a seasoned business consultant and the owner of Legacy Business Consulting Company. With an extensive background in business management and strategy, Russ has dedicated his career to helping businesses thrive and achieve their potential. He is known for his insightful analysis, strategic planning, and hands-on approach. Prior to establishing his own consulting firm, Russ held several leadership roles in various industries, where he honed his skills in business development, operations, and financial management. Russ Meinhardt's expertise lies not only in identifying potential opportunities for growth but also in designing and implementing strategies to realize these opportunities. Over the course of his career, he has worked with a wide range of industries, from start-ups to established businesses, delivering customized solutions to meet their unique needs. As the owner of Legacy Business Consulting, Russ continues to guide businesses toward success, building upon their existing strengths while addressing areas for improvement.

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Work Background

Legacy Business Consulting LLCOwner

Nov. 2023Olathe Inspire and equip people to do the best work of their lives, creating better businesses and a better world.

OWS FoodsBoard Member

Nov. 2023United StatesOWS Foods is a premier dry & wet food manufacturer, specializing in unique flavors for sauces, rubs, blended seasonings, dressings, baking mixes, and more for the retail, food service, and industrial channels. OWS operates out of SQF-certified manufacturing facilities in Concordia, Missouri (78,000 sq. ft.) and Ponca City, Oklahoma (30,000 sq ft.). The Company also maintains a corporate office and R&D center in Overland Park, Kansas. OWS offers R&D and co-development support, flexible and nimble manufacturing services, and diverse packaging options to its valued customers.

OWS FoodsChief Technology Officer

Feb. 2023 - Dec. 2023Overland Park, Kansas, United States

Bijoux CrèmeAdvisory Board Member

Jan. 2022 - Dec. 2023Kansas City Metropolitan AreaRetail product entrepreneurial start-up successfully launched and growing quickly. Bijoux Crème is the best in gourmet, 100% all-natural flavored butters to elevate home culinary experiences. Eight unique flavors available online plus in about 100 grocery and specialty food stores nationwide including Hy-Vee, Hen House, Price Chopper, Sunfresh Markets, Straub's, Fareway and more. 2023 Mindful Award Winner Butter Product of the Year, honoring conscious CPG products, recognizing the best in transparent, natural, organic, sustainable, healthy, and delicious products. 2023 1st Place, Access to Money Business Pitch Competition by the Kansas City SCORE Chapter. The Bijoux Crème line-up of all natural gourmet flavored butters features Roasted Garlic & Herb Soulmates, Raspberry Passion, Maple Pecan Nirvana, Mango Habanero Obsession, Honey Orange Bliss, Sriracha Lime Sizzle, Farm Bleu Charm and French Onion Amour. https://www.bijouxcreme.com

OWS FoodsChief Operating Officer

Sep. 2021 - Feb. 2023Overland Park, Kansas, United StatesOWS Foods previous known as Old World Spices & Seasonings

Old World Spices & SeasoningsChief Executive Officer

Jan. 2015 - Sep. 2021Overland Park, KSAccomplish objectives in driving top-level vision, direction, and growth while executing product enhancements and pioneering best-in-class processes for the organization with 75+ employees. Scope includes oversight of marketing, customer acquisition, operations, regulations, finance, and high-stakes projects. Allocate the $10M annual budget, managing financial reporting, and establishing key performance indicators for multiple divisions while overseeing P&L. Work with the Board of Directors and management team. • Grew the business from $14M in revenue with 50 employees to over $30M and 75+ staff. • Minimize deviations from targets by establishing long-range goals, developing sales and operational strategies, implementing plans for execution, and tracking improvement metrics. • Reduced turnover and improved staff capabilities by implementing development programs for the next generation of leaders of the organization, successfully leading to a top leadership team. • Amplified performance by integrating a phantom stock option program for management as an incentive of financial gain based on company performance. • Led a private equity-backed recapitalization of the business and transitioned the control of the company from the founder to a combination of family and professional investors.

Old World Spices & SeasoningsChief Operations Officer/ General Manager

Aug. 1993 - Dec. 2014Kansas City, Missouri AreaAchieved initiatives in positioning the organization for growth by steering a team of 50 in executing the scaling vision and sales strategy. Scope included managing a $6M+ operational budget annually while planning, budgeting, and forecasting for manufacturing and operations. Stewarded sales/marketing, systems, processes, banking/accounting, and community outreach. Collaborated with the Board of Directors on executing initiatives. • Strengthened communication and increased efficiency by leading the Executive Team in evaluating and implementing a new computer information system that integrated all departments. • Increased control on financials and enhanced accuracy by working with the controller to develop disciplines of GAAP. • Slashed operating expenses of $250K by encouraging the importance of identifying and implementing continuous improvement initiatives. • Aligned with a long-term strategic plan by evaluating acquisitions of competitors and customers as well as identifying trends that aligned current goals. • Responded quickly to changing needs, resulting in reduced operating costs and increased operational consistency with the development of new processes and programs. • Exceeded customer expectations and increased profits by assessing competitors and implementing new operational strategies to capture additional market interest.

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