Azalea Seafood Gumbo Shoppe

1.What is competition like in the value added seafood industry? Companies use either their own staff to market and sell products to grocers and restaurants. Producers also use a variety of independent contractors to sell their products for them (15%-20%). A lot of consolidation has taken place reducing food brokers from 2,500 to 200 in ten years. Most of the consolidations include food producers and food retailers merging together. Small brokers can deliver promising results in limited …

…they need to work on cutting debt and lowering their risk. b.What are you financial projections for the next three years, assuming the company goes along with your recommendations? Their sales will steadily increase as their name gets out through large chains such as Wal-mart, and their debt will decrease thus increasing their current and quick ratio and lower their leverage which right now looks like it could very well put the company under.