This healthy frozen food company engaged TGG to help them be ready to grow into new markets with new retailers, but their seasonal fluctuations kept them chasing stability.
The TGG team implemented new systems and processes and timely information flow to manage the significant seasonal fluctuations in sales and cash flow. With their new accurate and detailed financial reporting, management was able to make more effective business decisions and provide validation for their necessary $1M new line of credit.
Historical Financials Clarified
TGG performed a full overhaul of the company’s financial processes and reporting. TGG reviewed the company’s financial position, assessed potential risks and opportunities and developed the appropriate accounting structure and financial models.
Seasoned CFO Helmed The Process
TGG placed a seasoned CFO with this company to implement an accounting and financial reporting infrastructure that provided management with accurate information and transparency of the company’s finances, both past and future. With this clarity better forecasting was possible.
344
Hours of Work
March 2017
Date of Approval by Lending Entity
6
Years Of Historical Data
$1,000,000
Line of Credit Received
Risk Assessment Completed
TGG performed a full overhaul of the company’s financial processes and reporting. TGG reviewed the company’s financial position, assessed potential risks and opportunities and developed the appropriate accounting structure and financial models.
Partnership With Existing Teams
TGG worked with the company’s business managers to truly understand performance drivers and to draw clear lines of accountability. This has provided the management team with a much clearer understanding of the overall company performance and the impacts of its decisions.
