Identification of the gaps after as is analysis, design of the initiatives and policies & associated process and implementation of the initiatives for a health & wellness company

Client / Industry Brief

    In 2019, the company expanded operations by setting up two new centres. However, delay in construction and execution has seen these centres plagued with low footfall
    This has put cash flow pressure on the company making it difficult for them to meet loan obligations to the bank
    The client owns and operates a group of gyms in Qatar with nearly 10,000 members.

Project Objectives

    Development of a business plan and loan restructuring documents required by the bank
    Developing the required context and gathering management inputs from internal stakeholders and promoters on the current operations, challenges and future vision for the company.
    Preparation of a financial forecast and loan restructuring model that illustrated to the bank the ability of the company to fulfil the loan obligations
    Validation of inputs received from the management, finance and current operation team.

Project Methodology

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Project Benefits

    Based on analysis conducted, EmPact defined the key success factors for the proposed venture as follows: