Brian Bonar had started TRUCEPT Inc. about four years ago as a subsidiary of his parent company, the Dalrada Financial Corporation and he’s pleased with the financial reports for the company in 2016 that have recently come out.
According to PRNewswire, Trucept had increased its net income profits over 500% since 2015 and had turned $3.8 million in 2016. Currently he is working to reduce tax and other liabilities for the company as well as cutting down basic operational expenses, a goal that the company itself has for its own customers.
Brian Bonar didn’t start out in cost reduction and financial structuring with Trucept. He’s managed the financing and technical aspects of many other companies since joining IBM UK back in 1968. After completing his bachelor’s and master’s degrees in business administration, Bonar went to work at IBM UK managing the distribution of motherboards and other critical hardware components to customers all over the globe.
According to Crunchbase, Brian Bonar also was involved in software development and engineering for quality managed service products at QMS and later took the experience gained there to printer and copier hardware manufacturing. Bonar was also a pioneer in SCSI disk technology and while running Bezier Systems, the company developed a SCSI printer.
Brian Bonar’s executive work came when he helped found the Dalrada Financial Corporation in 1994, though at the time it was known as ITEC Imaging Technologies Inc. The company originally marketed and sold office equipment and printing hardware, but Bonar saw an opportunity to build upon that and not only sell or rent out the equipment to customers, but to also provide staffing solutions to go with it.
Outsourced staffing and human resource departments had been outsourced before, but Bonar decided to form specialized partnerships with small business owners that could provide them accesses to office resources while also giving them qualified workers. So he helped start SourceOne, the Solvis Group and later Smart-Tek Solutions to bring together automated technology with accounting functions.
Brian business resume also includes the purchase of several restaurants across San Diego County. Bonar loves tasty cuisines and loves to try quaint dishes from foreign countries, and he decided to add to the diversity of the areas bistros when he bought Bellamy’s in 2013.
Managing this upscale restaurant is Patrick Ponsaty, a cook who has won many awards and honorary titles including Master Chef of France and made appearances on television.