Project Information
Challenge
A regional retail chain faced declining revenues due to shifting consumer preferences and rising operational costs. The business lacked a clear financial strategy to address its challenges.
Solution
We conducted a comprehensive financial analysis to identify inefficiencies and developed a turnaround plan. This included renegotiating supplier contracts, optimizing inventory management, and implementing a targeted marketing strategy to attract new customers.
Outcome
Within 12 months, the company reduced operational costs by 20% and achieved a 15% increase in sales. The business regained its competitive edge and positioned itself for sustained growth.