Tuckers Sandwiches, a popular local food business, faced mounting financial pressures, including persistent monthly losses and a significant tax debt. Recognizing the need for expert help, the owners engaged StandishCo to stabilise operations and chart a path to sustainable growth.
Tuckers required improved financial systems for accurate performance tracking, strategies to boost profit margins, real-time reporting tools, and a long-term roadmap to restore financial health.
StandishCo partnered closely with Tuckers Sandwiches, developing robust financial systems and implementing margin growth strategies. The team upgraded Xero reporting, enabling transparent and timely insights. Weekly and monthly profit and cashflow targets were set, with regular reporting to the owners. StandishCo also crafted a comprehensive financial roadmap, guiding the business from recovery to growth.
The transformation was remarkable. Tuckers moved from losses to profitability within a structured timeframe, fully repaid its tax debt, and achieved a 55% increase in sales through improved margins and operational efficiency. The success enabled the launch of Bowies Food and Culture, a vibrant food truck park in Werribee, marking a new chapter of expansion and positioned the business for lasting growth and new ventures.
