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Archibald Candy is $250 million manufacturer of premier
chocolate
candies. They have three business units: Fannie May, Sweet
Factory, and Laura Secord. Laura Secord is a Canadian manufacturer of
chocolate candies. Sweet Factory is a retailer of hard candies. Each
of these three business units have about 250 stores. So, Archibald Candy
encompasses about 750 retail stores in America and Canada.
T
Archibald Candy is $250 million manufacturer of premier
chocolate
candies. They have three business units: Fannie May, Sweet
Factory, and Laura Secord. They needed $20 milion in working
capital in order to stay in business and avoid bankruptcy.
We
designed and programmed a new financial planning and budgeting system
and worked with the officers and managers to develop a new financial
plan.
This financial plan was used to obtain the $20 million
needed for Archibald Candy to continue as a going concern.
Three years later, Fannie May Chocolate Candy was sold to Alpine
Confections for $87 million who in turn sold it to 1-800-Flowers. |
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Strategic Planning & Budgeting
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Excel & Visual Basic
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