Feasibility Studies and Scenario Planning

The other day one of our clients phoned.  Let's call him Jack.

He called to say he had just bought a new premises to house his expanding business; and that he needed some financials for the bank.

Clearly this is not the way we suggest our clients approach things; but this is a 'real life' example, not one from a textbook!

After a quick chat Jack agreed to first meet with one of our accountants to “run through the numbers”.

In just five minutes we all came to the conclusion that if Jack did as he was planning he would be broke in two years.  Even though is his business was expanding and very profitable!

Why?

Because Jack's business needed large amounts of cash to fund his growth pattern.

So with some minor but very important adjustments to his plans; Jack left our office knowing how to avoid a financial disaster, and saying "next time I will call you before I sign the deal".

Nobody has an infallible crystal ball; but with the latest software modelling techniques we can be a lot clearer than ever before, which means you can make the right decision more often.

Because Edensilk also has accountants that understand your business and talk your language, we can explain what the numbers mean and what needs to be done.

In short, with our assistance you will know the likely impact of business decisions before you take action; which is a whole lot better than wearing the unexpected and often expensive consequences of avoidable mistakes.

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