This is an important time in our company’s expansion, and we appreciate Nevada Industry Excellence’s assistance in setting up our firm’s new financial and business systems which continues to support our growth.
Cultiva’s CEO Luis Hernandez requested assistance in locating an experienced financial & manufacturing consultant who could set up a new accounting system for the firm. Luis also required new financial reporting and sales forecasting tools. NVIE was able to quickly locate a consultant who fit the bill-- Dan Yount. Dan possessed many years of experience in business finance management and operational leadership. In addition, Dan had also designed financial accounting and budget management systems for several other manufacturing firms.
With Dan’s assistance Cultiva was able to quickly implement a new financial system including policies and procedures for internal controls. Dan also developed models and tools to improve the firm’s profitability. As a result Cultiva was able to meet its financial reporting requirements and received an additional investment of $1.98M from the same program in 2017. Cultiva began production at their new state of the art mixing, filling and packaging facility in the spring of 2018 with continued support from NVIE.