COMPANIES DON’T GO BANKRUPT FOR LACK OF PROFIT BUT FOR LACK OF CASH.

Working capital is the main cash consumer in most companies. For this reason, all its components (accounts receivable, accounts payable and inventory) must be optimized for your business survive and thrive.

OUR FOUR STEP PROCESS:

1. Joint analysis by S.J. Grand and your teams from accounts receivable (A/R), accounts payable (A/P), and inventories to determine where your company’s cash is tied up.

2. Select which among your procedures and practices offer the greatest potential for cash liberating changes. Based on your knowledge of your business and our extensive experience with financial and operational management in China, we can jointly identify the steps available to induce the necessary changes.

3. After establishing targets and an implementation plan with your management, we will help allocate the necessary tasks and procedures among your team of managers.

4. We design simple feedback tools that will assist your management in monitoring progress and taking follow-up corrective actions.

By streamlining your procedures, you take control of your cash and your business.

RESULT:

• Your cash is freed up.
• You use less cash to do more.
• Your operations become more profitable.
• Your business becomes more robust.

PLUS:

• More time to generate new sales and less time chasing outstanding payments.
• Improved control over sale channels.
• Better control over purchasing levels and over processes.
• Increased leverage in negotiating terms with suppliers.
• Reduced losses due to damage and obsolescence.
• Reduced warehousing and stock management costs.

WHO SHOULD BE INVOLVED?

Attaining working capital optimization requires the cooperation of several departments including:

• General management
• Sales
• Finance
• Purchase and logistics
• Manufacturing management

PROVEN RESULTS

• Liaoning company reduced its working capital from 179 days to 92 days while sales increased 60%
• Shanghai company reduced working capital from 132 days to 73 days while sales increased 40%

PRICING

• Free preliminary assessment to ensure that your business will benefit from optimization.
• Down-payment: to cover our direct costs and ensure active management participation.
• Success fee: a percentage of working capital improvement expressed in days-of-turnover.

OUR GUARANTEE

We only get paid if you make a profit as a result of our work. Your down-payment will be deducted from success fees. The total costs incurred will remain substantially lower than the savings your company will make from the optimization program.

WANT TO KNOW MORE?

S.J. Grand Financial and Tax Advisory offers a full range of transaction, capital raising, restructuring, accounting and tax services for foreign-invested enterprises in the Chinese market, with solutions that are flexible, competitive and engineered for your China investment.

To find out how we can help your business grow, contact one of our offices and a representative will happy to speak with you.