Jeffrey E. Edelheit
About the author:
My speciality is assisting clients in formulating the best business plan possible by supporting their efforts to make the information presented realistic. I do not believe in doing a plan just to impress others, but rather as a real working tool for your company and potential investor. Over the last 20 years I have witnessed too many companies fail due to poor planing and unrealistic projections and cost estimates. And, on the other hand, through proper planning and communication I have seen countless companies/individuals succeed. To me, success is also when you take the time to be realistic in your business plan development stage and, through this process, realize that the direction is not correct and change accordingly. Thereby avoiding a potential cash catastrophe.
From my experiences poor planning is usually paid for by those who trusted in you to make the investment in the first place. This would be your bankers, investors and creditors. If your goal is to be the best business person and have the opportunity of succeeding then there is no option other than to put the time and resources necessary into proper business planning.
Articles written by Jeffrey E. Edelheit:
Tags: assets, debt, debts, default, deficit, failed, failing, liability, loan, loss, outstanding, personal, SBA, Small Business Administration
Published in Uncategorized | No Comments »
Tags: beef, Business, food, health, Internet, jerky, regulations, safety, start, start up, up
Published in Entrepreneuring, Risks and rewards | No Comments »
Tags: accounting, finished, goods, inventory, manufacturing, materials, package, payroll, raw, software, tracking
Published in Uncategorized | No Comments »
Tags: call, center, create, head, hilton, how, island, package, recreation, to, tourist
Published in Entrepreneuring, Strategies | No Comments »