Feedback and Management Requests from Xie Wen Hong.
Mrs. Xie wenhong has discussed the financial performance of her salons with me, she asked me to help her check the P/L, I explained most found from the P/L, and discussed some key issues with her.
Mrs Xie need you provide a turn round plan for her salons asap, so she can discuss with you for the capital injection plan, she also concerns below issues:
1. You need control the level of inventory, the current inventory level is too high.
2. Please provide the cost reduction plan for both salons, the target is to reduce at least 20% cost, which will help both salons reach break even.
3. Please provide the cash flow projection for next 6 months,
Mrs Xie wants to have another conference call with you, please lets us know you schedule.