Bonita Richter, MBA
Managing Partner

Bonita Richter is managing partner of ProfitStrategies, a strategy consulting firm. 

We give mid size-organizations unbiased advice about their strategic direction and operationally execute their strategy.

Profit Strategies has advised organizations in industries as diverse as manufacturing, technology, professional services, financial services, construction, and non-profit.

Before starting Profit Strategies, she served as the strategy and finance officer in her family's manufacturing and engineering firm, where she managed and improved growth, cash flow, profitability, and optimized manufacturing operations. She also delivered direct face-to-face business consulting, entrepreneurial mentoring, and training to over 8,000 individuals, and helped secure over $60 million investment capital while serving as Director of the Illinois Small Business Development Center at Harper College. Bonita has over 30 years of business leadership and management experience.

She served as adjunct professor at Harper College, and is a guest lecturer at the MBA graduate level on the topics of entrepreneurial finance and marketing. She earned  her business degree from The Pennsylvania State University, and her MBA, with highest honors, from Lake Forest Graduate School of Management.

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Robert Richter, MS, CPA
Partner, Finance & Operations

Robert Richter has a track record of helping companies solve problems to improve cash flow and profits, and has helped large corporate clients, entrepreneurial, and mid-market companies improve margins while growing sales.

He has over 35 years experience in the corporate world as a C-Level business executive in both large and mid-size service organizations.  Key areas of his business knowledge and skills are sales operations, finance, accounting, and technical systems development.  

He has consulting experience in a “Big 5” firm, having worked in Europe for an extended period of time. Robert has a Masters Degree in Accounting/Finance from DePaul University, and is a Certified Public Accountant – Illinois.