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Endeavor Lebanon Impact Report 2015-2016

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23 Before defining its expansion strategy, Blessing needed to look into financial feasibilit and proposed timelines. A team from KPMG Lebanon met with the entrepreneurs to gather all the required historical information and examine the company's future projects. They then built a financial model that provided a professional and objective outlook of the company's intrinsic value, in addition to financial projections reflecting future growth potential. Elcir's business is growing. An increased concentration on large projects has exposed the company to liquidity risk due to its larger working capital requirements. Four consultants from Strategy& are revising Elcir's current business model and benchmarking the company against global industry players. Such analysis will help CEO Jean-Marc Ingea identify viable alternative directions given Elcir's operational and financial capabilities. Once the new strategy is outlined, practical insights will be given as to how to align internal organization and human resources to cater to this new vision. KPMG supports Endeavor Lebanon Entrepreneurs by providing mentorship and pro bono financial consulting. KPMG also offers Endeavor Lebanon Entrepreneurs a series of free workshops on relevant topics. Strategy& is a member of the PwC network of firms in 157 countries with more than 208000 people committed to delivering quality in assurance, tax, and advisory services. Find out more by visiting strategyand.pwc.com/me. Strategy& provides Endeavor Lebanon Entrepreneurs with pro bono strategic growth and new market penetration consulting. IMPACT REPORT 2015 – 2016 y

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