Case Study: JMC Management, Inc.
JMC is a privately owned, $150MM direct response marketing company that provides industry expertise in the development and both domestic and international distribution or health and fitness consumer products using direct response television ("DRTV"), B2C Internet sales and national retail channels.
Key Responsibilities
- Member of the executive and operating committees of Pharma Nutra Technologies, Inc.
- Directly assisted President in the day-to-day operational and financial management of the business.
- Manage key professional service relationships to include banking (treasury & investments) accounting, legal and insurance.
- Develop short and long-term strategic plans and financial goals.
Key Achievements
- Arranged senior debt financing to support over $100,000,000 in annual A/R growth.
- Successfully completed a divestiture of vitamin and dietary supplements vertical to an ongoing international concern.
- Implemented the Company’s Great Plains ERP accounting system enabling the Company to track and cost product components to a build of materials.
- Established the Company’s internal control system covering the areas of sale/distribution, sale forecast modeling, strategic budgets, accounting and reporting.
- Maintained senior debt financing supporting over $50MM in annual retail sales growth.