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Agri-BusinessManufacturing
Project Herbal – Investor Readiness
Overview
Project Herbal is a firm that manufactures personal care products with raw materials purchased from smallholder farmers in Kenya and Tanzania. PES undertook a review of their financial, operational and commercial business aspects.
PES reviewed the organisational structure and identified key management roles that required strengthening in advance of investor engagement.
Project Details
Sector: Manufacturing, Agriculture, Personal care products
Location: Kenya, Tanzania
Outcome
PES revamped the organisational structure, developed an improved product costing formula capturing raw material variations and customer discounts, and corrected erroneous financial statements and audited accounts.