Food and Beverage
A major Sonoma Winery earning $50 million in annual sales ran into trouble during the Great Recession. A reduction in wine prices, coupled with decreased consumer spending, caused sales to drop.
Their bank brought in Jim to find a way to stop the bleeding. Leveraging accounting data, Jim uncovered logistical costs harming their bottom line. Employing a restructuring strategy, he helped them go from losing $150K monthly to breaking even, to eventual profitability.