Oil Field Test Equipment Manufacturer

CFO enabled this company to resolve its cash crisis by developing a budget, negotiating repayment plans with vendors, and accelerating collections on receivables. Ultimately most COD vendors restored normal payment terms and the IRS tax lien was paid off. Based on the financial improvement over a one year period, the company's bank returned the account from special assets to regular management.


Food Processor

CFO developed a forecast for this $35M company and worked with management to identify new opportunities for improving revenues while aggressively reducing controllable costs. Company turned around a $450,000 fiscal year loss to a $75,000 profit a year later. CFO is currently negotiating with a strategic buyer for this company.


Healthcare Staffing

The Firm was engaged to provide financial guidance after the Company was notified of IRS problems and internal investigations revealed a number of accounting irregularities. The Firm reestablished financial reporting integrity with the Company's bank, worked with other professionals to resolve the IRS issues, renewed the Company's $7.5 million line of credit and continued to serve as Chief Financial Officer. CFO subsequently sourced a purchaser for the company.

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