Credit Crunch: Furniture Manufacturer with cash issues

A furniture manufacturer had reduced profitability and was constantly up against its overdraft limit. We carried out a review, produced an Action Plan and a Business Plan that:

  • Helped them understand that their choice of supervisors was unwise.
  • Helped them understand the value of good management information and how to obtain it from their systems.
  • Helped them understand that their spare space could be sublet.


  • They had management accounts that give useful information.
  • They knew the cost of a productive hour.
  • They had costed all their products and knew the margins
  • They expanded their markets.