Produits Extrême CG

Improve your financial management to save costs and increase profits

BDC’s financial experts helped us get our cashflow, liquidity and inventory under control, which means real savings for our company. We should have done this earlier!

High-quality products that deliver results, whatever your hunting needs

About the company

Offers a diversity of products and accessories for hunters

Location: St. Prosper, Quebec

Industry: Production and retail

Entrepreneur challenge

With excess inventory and a lack of liquidity, the company was looking to keep track of its cash flow throughout the year, get a better idea of how to cost its products and identify opportunities to save costs.

BDC expertise

BDC’s experts assisted the company to significantly improve its financial management by establishing rigorous practices in planning, costing, reporting and controls. BDC also provided guidance in identifying cost savings opportunities to improve liquidity and take advantage of new business opportunities.

Results

The owner took on the role of sales rep and achieved a net savings cost representing 10% of sales
Can now plan its financial year with forecasts and do follow-up during the year based on budget and actual
Inventory control system enables the company to better manage inventory and cash flow
Now well-positioned to make sound financial decisions

Tell us about your project

Get expert advice to sustain your business’ growth.