to review the corporate structure and provide recommendations for performance improvement to the working capital management. Olvera Advisors undertook:
- A comprehensive review which measured the business against industry drivers and success indicators
- Rating of the business profitability variables – which led to the identification of significant, and disproportionate, rent costs
- Preparation of business enhancement approaches in operational areas and rent review to improve cashflow
Continued monitoring over a period of 12 months and ongoing reporting to secured creditor regarding the financial performance of the centres.
By delivering swift and practical performance management solutions, we successfully assisted with the centre’s returns in line with industry averages. Centre profitability and business value improved significantly, and the bank was provided with a far more viable LVR. The increase in overall value resulted in the sale of one centre and reduced the business debt to a viable position.