FOR IMMEDIATE RELEASE
Solutions For Results, LLC Offers Much Needed Business Support for Small to Mid-sized Businesses
Wednesday, June 22, 2005 - Solutions For Results, LLC assists small to mid-sized businesses in making honest evaluations of the issues that keep them awake at night and to find realistic solutions for their owners.
Every year, thousands of businesses fail of every size and variety. But while business failures know no size boundaries, the majority of these failures are classified as small businesses. According to data from the Administrative Office of the U.S. Courts, more than 98 percent of businesses that have filed for bankruptcy since 1980 have been small.
Surveys show that the primary reasons for business failure lie in the following areas:
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Inability of management to reach decisions and act on them.
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Reluctance/Inability to seek professional assistance.
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Loss of impetus in sales.
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Bad personnel relations.
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Loss of key personnel.
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Lack of staff training.
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Inability to cope adequately with competition.
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Insufficient working capital or incorrect gearing of capital borrowings.
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Growth without adequate capitalization.
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Bad budgeting.
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Ignoring data on the business's financial position.
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Inadequate financial records.
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Inefficient control over costs and quality of product.
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Under-pricing of goods sold.
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Bad customer relations.
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Failure to promote and maintain a favorable public image.
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Bad relations with suppliers.
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Failure to minimize taxation through tax planning.
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Inadequate insurance.
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Competition disregarded due to complacency.
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Failure to anticipate market trends.
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Loose control of liquid assets.
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Extending too much credit and bad credit control.
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Over-borrowing or using too much credit.
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Bad control over receivables.
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Loss of control through creditors' demands.
According to national statistics, the vast majority of U.S. businesses have fewer than 250 employees. These figures clearly illustrate the lack of resources available to the small to mid-sized business owner. They frequently cannot afford a fulltime staff of experts in operations, sales, marketing, international trade, tax, and more, all at the disposal of much larger businesses to ensure the success of their companies.
That's where we come in! We provide affordable resources through the IIB's worldwide network to small to mid-sized company that cannot afford to hire these critical resources on a fulltime basis. We assist the owner in identifying their specific needs and then bring to bear on their issues the same level of expertise available to the corporate giants of the world but for a fraction of the cost.
As an Executive Associate of the Institute for Independent Business (IIB), Mr. McGee has access to over 3,000 top business people worldwide, representing every possible business discipline imaginable, and who have been accredited by the Institute. These top executive skills can be called upon to address virtually any business issue.
John A. McGee, principal, has held numerous senior management and executive positions in a wide array of functional areas in several Fortune 500 companies during a 30+ year career in corporate America. He has also been involved in several startup and franchise businesses.
Mr. McGee is also an Executive Associate of the Institute for Independent Business. Established in 1984 in the United Kingdom, the Institute is an international, not-for-profit, business support organization. Its purpose is to bring timely and practical advise to independent business owners. It is the largest global organization of its type. The IIB provides mentoring and business advice as well as access to a wide range of expertise and services, including angel and venture funding, banking/financing, human resources, sales and marketing, organization and management, quality, ISO 9000, business evaluations, mergers and acquisitions, succession planning, and exit strategies.
Executive Associates of the Institute for Independent Business are required by the Institute in order to maintain their accreditation, to give a certain amount of time each month to qualified business owners to discuss their future plans, concerns, or problems that they may be facing. Solutions For Results will provide approximately 2 1/2 hours of time at no charge or obligation to you at your place of business to discuss your business issues and concerns. All information exchanged will be treated as strictly confidential. According to Mr. McGee, "At the end of this meeting, we should be able to offer some thoughts and ideas and point the business owner in the direction of any suitable solutions or advice."
For More Information Contact:
Solutions For Results, LLC
2703 Quail Cove Drive
Highland Village, TX 75077
Internet:
info@solutionsforresults.com