Downs launches financial consulting firm

Furniture Today Staff -- Furniture Today, October 1, 2012

DownsHICKORY, N.C. - Home furnishings industry veteran Ron Downs has launched The Downs Group, a financial consulting services provider for furniture and home furnishings industry manufacturers, distributors and suppliers.
     The firm specializes in corporate finance and restructuring, financial planning, reporting and analysis, interim c-level management, internal audit and control framework, licensing agreements and requirements, mergers and acquisitions advisory, operations audits and analysis, planning and control systems, and business development.
     "My unique combination of strong, hands-on expertise, combined with significant senior executive management and consulting experience in the furniture and home furnishings industry makes me a perfect fit for a broad range of consulting assignments for any size business," said Downs.
     According to a press release, Downs has more than 35 years of operations-oriented senior financial executive and consulting experience in the industry.
     He was most recently treasurer and chief financial officer at manufacturer Taylor King Furniture. Earlier, he operated a senior management consulting company, providing financial and operational advisory services to more than 50 companies. He has also held senior positions with Ayers Furniture Inds., Alexvale Furniture, Hickory-Fry Furniture and Congoleum, as well as operational finance positions with Hammary and Stanley Furniture.
     Downs has served on the finance division board of the American Home Furnishings Alliance and its predecessor associations, and The Downs Group is a member of the AHFA Suppliers Division and other professional organizations.
     The firm is online at www.thedownsgroupllc.com, and Downs can be contacted at (828) 446-6336.