by George Parker | Jul 2, 2015 | News
Being in business is not enough. Management needs a business plan. Having a business plan professionally prepared is the same as having no business plan unless management thoroughly reviews and understands every aspect of the plan. The plan should specifically...
by George Parker | Jun 11, 2015 | News
A new business typically overspends in its startup, with the belief future profits will cover the needs of Luxury handbags the next business cycle. Once cash reserves are depleted, the ability to raise additional capital becomes more difficult....
by George Parker | May 12, 2015 | News
Failure to set up sound financial record keeping, updating projections and a periodic review of actual financials to the projections in the business plan. Parker Finance Solutions suggest: Perform a review of the most current financial...
by George Parker | Apr 22, 2015 | News
“We cannot forecast our direction. It appears to be a riddle wrapped in a mystery inside an enigma.” ~ Winston Churchill (paraphrased) Management fails to follow through with the tasks set forth in the business plan or those which present handbags themselves in...
by George Parker | Apr 15, 2015 | News
How Due Diligence, Having Business Documents in Order and Management’s Willingness to Look Outside the Company for Assistance Can Minimize Some of the Major Inherent Causes of Business Failure The following problems appear to be some of the more...