Client Profile:
Restaurant Collection runs 14 restaurants in Siem Reap, roughly 300 people are employed. The restaurants offer high quality food, going from traditional Kmer food to high level French cuisine. Target audience are mostly tourists but also good situated local people.
Tasks:
– Improving operational financial processes
– Improving current account practices and standards
– Implementing two financial tools to manage the company strategically (cash flow – tool and break even – tool)
– “Cleaning” the balance sheet
Results:
– Assuring financial stability and cash flow for the upcoming low season
– Going forward with a streamlined portfolio of restaurants
– Focus point identified for further strategic expension
