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Financial Planning
and Budgeting Systems
In order to obtain additional working capital from a financial institution, a
distress company must have a reliable, accurate financial and strategic plan.
Hudson Crossing LLC has been able to design, program, and implement Financial
Planning and Budgeting systems that have allowed their clients to obtain the
needed working capital to continue as a going concern.
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Archibald Candy Corporation,
$250 million manufacturer of America’s premier chocolate candies: Fannie May
& Fanny Farmer, Sweet Factory, and Laura Secord Candies. Over 750 retail stores. Developed Strategic Planning and Budgeting system
for officers
and directors. The Financial Plan
and Budget was used to obtain $20 million in working
capital.
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Successories, Chicago based retailer and direct marketing
group of “Success and Motivational” tools, wall décor, and accessories with 75 retail stores
nationwide. Developed Budgeting System for managers, directors, and officers.
Budget
generated was used to obtain $12 million loan for working capital and new
building. Moved into new building September 1, 1997.
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Frankel & Company, Chicago’s third largest marketing
firm. Clients: McDonald’s, U.
S. Post Office, Sprint, Ameritech, Ford Motor
Company. Developed Financial
Planning Budgeting System for
over 40 account executives and officers.
Provided
multi-level consolidated financial
statements for the officers of this $80 million corporation.
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