Modernizing a Legacy Textile Business for the Digital Age

We began by conducting a thorough analysis of the financial and operational risks associated with the acquisition, identifying areas of vulnerability and opportunity. From there, we implemented modern operational systems — including a customized Fishbowl inventory platform — to replace the manual, paper-based processes that had been in place. To safeguard the value of the acquired equipment and infrastructure, we also developed and executed a comprehensive legal and tax strategy, establishing a separate asset-holding entity to limit liability and optimize long-term protection.

We built a fully customized Fishbowl ERP system from the ground up, tailored to the unique needs of a textile manufacturing environment with no prior digital infrastructure. This included creating a complete inventory framework, integrating purchasing and production workflows, and training staff on day-to-day use. Simultaneously, we conducted a comprehensive asset categorization process to ensure every piece of equipment and material was properly tracked and valued. To further protect the business, we structured ownership of the assets through a newly formed holding entity, effectively limiting liability exposure and creating a more strategic foundation for future growth and financing.

We worked directly with ownership in a hands-on capacity to build a fully functional digital inventory database, translating years of manual records into a streamlined, trackable system. This process included reclassifying all assets for accuracy and compliance, aligning them with both operational use and tax strategy. We also integrated the new inventory data with accounting workflows to ensure seamless financial reporting and cost tracking. Finally, we trained operational staff on how to navigate and maintain the system, equipping them with the tools and knowledge needed to sustain the improvements long-term.

We continue to provide ongoing fractional CFO support, acting as a strategic partner in the company's financial management and operational growth. This includes regular oversight of inventory tracking to ensure accuracy and alignment with production goals, as well as proactive maintenance budgeting to extend the life and efficiency of critical equipment. We monitor compliance with the asset protection structure to safeguard the company’s holdings and reduce exposure to unnecessary risk. In parallel, we assist with expansion planning by evaluating financial performance, modeling future scenarios, and advising on scalable systems that support sustainable growth.