Healthy food store concept needs board and turnaround advisory support

Key results:

Drove and maintained positive same-store growth at a reduced cost structure

Value levers pulled:

Board advisory
Business and strategic plan assessment
Turnaround plan and advisory

The situation.

You’re a plant-based, healthy food restaurant concept that makes chef-inspired menu items in 14 eco-friendly, LEED-certified stores across four states. You’re facing a constrained liquidity environment. You need to assess your cash flow forecast, manage liquidity, and report cash sources and uses to the Board to guide critical decision-making. It’s a big project and you can’t do it alone.

We get to work.

We serve as a board member and an advisor to the lender, helping management by:

Assessing your cost-cutting plans, turnaround initiatives, cash position, and forward-looking strategic direction.
Providing the lender with a comprehensive report of the overall viability of the business and the potential for your company as a going concern.
Creating a dashboard of metrics that can be used to deliver results to the Board regarding the turnaround plan.
Clearly defining detailed turnaround initiatives, including timelines.
Tracking progress, offering guidance, and coordinating with key stakeholders.

The work pays off.

You successfully drive and maintain positive same-store growth at a reduced cost structure.

Enhanced value:

You reap multiple benefits, including:

Drove and maintained positive same-store growth at a reduced cost structure