Case Study Preview: Financial Turnaround
A professional NHL team was acquired in 2015 by leaders in private equity and installed a new management team. The company continually missed expense forecasts leading to large negative cash flow and could not establish a “true” annual cash burn rate. Beckway’s Trailblazers performed a 4-week assessment and developed a best practice cash flow forecasting tool which addressed and separated business segments that are major drivers of cash and working capital.
This resulted in an improved annual cash burn of $7M, achieved forecasts every month after and led to a successful merger with another professional sports organization.
To find out how Beckway’s approach can improve your company’s EBITDA, contact Mark Habner at email@example.com today.