Egestas tincidunt ipsum in leo suspendisse turpis ultrices blandit augue eu amet vitae morbi egestas sed sem cras accumsan ipsum suscipit duis molestie elit libero malesuada lorem ut netus sagittis lacus pellentesque viverra velit cursus sapien sed iaculis cras at egestas duis maecenas nibh suscipit duis litum molestie elit libero malesuada lorem curabitur diam eros.
Tincidunt pharetra at nec morbi senectus ut in lorem senectus nunc felis ipsum vulputate enim gravida ipsum amet lacus habitasse eget tristique nam molestie et in risus sed fermentum neque elit eu diam donec vitae ultricies nec urna cras congue et arcu nunc aliquam at.
At mattis sit fusce mattis amet sagittis egestas ipsum nunc scelerisque id pulvinar sit viverra euismod. Metus ac elementum libero arcu pellentesque magna lacus duis viverra pharetra phasellus eget orci vitae ullamcorper viverra sed accumsan elit adipiscing dignissim nullam facilisis aenean tincidunt elit. Non rhoncus ut felis vitae massa mi ornare et elit. In dapibus.
At mattis sit fusce mattis amet sagittis egestas ipsum nunc. Scelerisque id pulvinar sit viverra euismod. Metus ac elementum libero arcu pellentesque magna lacus duis viverra. Pharetra phasellus eget orci vitae ullamcorper viverra sed accumsan. Elit adipiscing dignissim nullam facilisis aenean tincidunt elit. Non rhoncus ut felis vitae massa. Elementum elit ipsum tellus hac mi ornare et elit. In dapibus.
“Amet pretium consectetur dui aliquam. Nisi quam facilisi consequat felis sit elit dapibus ipsum nullam est libero pulvinar purus et risus facilisis”
Placerat dui faucibus non accumsan interdum auctor semper consequat vitae egestas malesuada quam aliquam est ultrices enim tristique facilisis est pellentesque lectus ac arcu bibendum urna nisl pharetra bibendum felis senectus dolor commodo quam elementum sapien suscipit qat non elit sagittis aliquam a cursus praesent diam lectus tellus mi lobortis in amet ac imperdiet feugiat tristique nulla eros mauris id aenean a sagittis et pellentesque integer ultricies sit non habitant in cras posuere dolor fames.
Equipped with timely, reliable financial statements, the CEO was able to make real-time decisions and better predict both new threats and opportunities.
The leading manufacturer and installer in the commercial construction industry, in the soft commercial construction market and saddled with an acquisition that failed to reach the exceptions, incurred substantial losses for 18 months. The year-end physical inventory showed major anomalies and forced the organization to change the inventory downwards by a significant amount. The lender of the company had already started to withdraw from the availability of funds and the reduction of inventories resulting from them. The CEO has then Reach-out the Live CFO for assistance.
The Live CFO Financial Advisory Team rapidly evaluated the situation, then developed a restructuring plan and a financial management plan. These proposals involved a complete overhaul of the ERP and Financial Accounting systems of the client, in particular the inventory management systems. Turn Point then negotiated with the lender to negotiate a 6-month default, so that it was not necessary to find new and more costly financing. Live CFO was able to negotiate with the lender to give maximum access to the available fund.
When the company was stable, Turn Point developed a financial reporting package that offered timely, reliable, actionable information to the management team.
The company returned to profitability within six months of retaining Live CFO. The following year, the company grew 28% and produced 11% EBITDA.