Restoration Company Revival

Restoration Company Revival

Location
Baltimore, MD

Industry
Service

Company Size
50+ Employees

Services We Provided
- Financial Statement Cleanup
- Accuracy Improvement &
  Franchise Reporting

The Client

A restoration company faced significant challenges due to delayed financial reporting caused by an overburdened controller.

The Challenge

The company found itself in financial disarray, compounded by high staff turnover. The lack of accurate and timely financial statements hindered their ability to secure much-needed financing for growth and stability. The company risked missing out on critical opportunities and falling behind in its financial obligations.

The Solution

Streamline Accounting quickly intervened, providing immediate support to rectify the company’s financial situation. The team worked diligently to clean up and improve the accuracy of financial statements, ensuring compliance with franchise reporting requirements. As the engagement progressed, Streamline seamlessly replaced the controller role, implementing streamlined financial processes and best practices. With Streamline’s expert guidance, the restoration company successfully secured the necessary financing and gained the ability to make informed, data-driven decisions. This partnership laid the foundation for the company’s long-term financial health and growth.

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