AIRPLUS Industrial
BDC provided us with critical insights into our company's financial health. They not only pinpointed areas for improvement but also acknowledged our strengths.
Feisal Nasser
Owner
Offering industrial air application solutions for over 40 years.
About the company
Provides North American industrial clients with air compressors and industrial vacuums, as well as dust control and fire suppression equipment.
Location: Langley, British Columbia
Industry: Industrial clean air and compressed air solutions
Entrepreneur challenge
AIRPLUS Industrial wanted a full picture of its financial reporting as the scale and value of its projects grew. In particular, the company wanted to better manage cash flow and working capital, understand profit margins and improve its end-of-month financial reporting processes.
BDC expertise
BDC Advisory Services’ team developed financial models for the company to craft meaningful forecasts and financial reporting processes. They brought in key Advanced Financial Management advisors with the expertise to understand and find a solution for the client’s needs and challenges.
Results
- System for cashflow that better incorporates sales forecasts and collections
- Detailed system for forecasting growth
- More granular costing and profitability analysis
- More efficient and timely end-of-month financial reporting process