November 28, 2006 (Press Release) --
SANTA BARBARA, CA - November 28, 2006 – Strong consumer spending, low unemployment, favorable interest rates and steady economic growth are typically ideal conditions for private enterprises to thrive. Yet, despite today's generally positive business climate, an estimated 64.2% of businesses fail within a 10-year period according to a study published in the Journal of Small Business Management.
Tragically, many of these businesses could have been saved if only appropriate action had been taken in time says Jeffrey Palmer, a serial entrepreneur and founder of Fresh Start Business Services.
"Most businesses don't fail due to poor judgment or incompetence on the part of the owners," Palmer states firmly. "On the contrary, the vast majority of people running the small and mid-sized companies that power our economy and make this country great are very good at what they do."
Instead of finding that mismanagement is at the root of most company's problems, Palmer says it's usually the accumulation of a number of factors that can steer an otherwise healthy business into troubled waters. The key, he says, is to figure out what's going wrong so appropriate steps can be taken.
"Just as each business is a reflection of its owner's one-of-a-kind personality, the series of events that can make a business sick are unique," he states. "The good news is that once the core problems are identified, there are highly effective strategies to put the business back on track."
During his years consulting with a variety of business owners, Palmer says the first critical decision is to admit they need help. He adds that once they see the value of having an outsider's perspective, they can move forward with a new sense of confidence.
"I like to equate it to having someone around who knows First Aid as compared to waiting for help to arrive that might well be too late to do anything."
Of the many 'business rescues' he's successfully completed with his Fresh Start techniques, Palmer says virtually all had a viable business model that simply needed "some fine tuning, better cash management and a clean slate."
"When it comes to money, a little breathing room goes a long way," he smiles.
The solutions are often simple and swift: an injection of cash and a revised game plan.
“Usually when a business owner invests a few dozen hours of their time and a nominal amount of capital, they can get back the control they've lost," commented Palmer. “Of course, the positive affect that it can have on their lives is enormous and very tangible.”
About Jeffery Palmer
Jeffrey Palmer is the founder and President of Fresh Start Business Services. For over twenty years he has specialized in business turnarounds by applying his highly effective financial and managerial techniques. For further information, contact him at (805) 896-1055 or e-mail FreshStartBiz@gmail.com
Tragically, many of these businesses could have been saved if only appropriate action had been taken in time says Jeffrey Palmer, a serial entrepreneur and founder of Fresh Start Business Services.
"Most businesses don't fail due to poor judgment or incompetence on the part of the owners," Palmer states firmly. "On the contrary, the vast majority of people running the small and mid-sized companies that power our economy and make this country great are very good at what they do."
Instead of finding that mismanagement is at the root of most company's problems, Palmer says it's usually the accumulation of a number of factors that can steer an otherwise healthy business into troubled waters. The key, he says, is to figure out what's going wrong so appropriate steps can be taken.
"Just as each business is a reflection of its owner's one-of-a-kind personality, the series of events that can make a business sick are unique," he states. "The good news is that once the core problems are identified, there are highly effective strategies to put the business back on track."
During his years consulting with a variety of business owners, Palmer says the first critical decision is to admit they need help. He adds that once they see the value of having an outsider's perspective, they can move forward with a new sense of confidence.
"I like to equate it to having someone around who knows First Aid as compared to waiting for help to arrive that might well be too late to do anything."
Of the many 'business rescues' he's successfully completed with his Fresh Start techniques, Palmer says virtually all had a viable business model that simply needed "some fine tuning, better cash management and a clean slate."
"When it comes to money, a little breathing room goes a long way," he smiles.
The solutions are often simple and swift: an injection of cash and a revised game plan.
“Usually when a business owner invests a few dozen hours of their time and a nominal amount of capital, they can get back the control they've lost," commented Palmer. “Of course, the positive affect that it can have on their lives is enormous and very tangible.”
About Jeffery Palmer
Jeffrey Palmer is the founder and President of Fresh Start Business Services. For over twenty years he has specialized in business turnarounds by applying his highly effective financial and managerial techniques. For further information, contact him at (805) 896-1055 or e-mail FreshStartBiz@gmail.com

Fresh Start Business Services Helps Companies Overcome Cash Flow Problems, Debt and Other Challenges with Proven Business Management Solutions
Email
Print
SPAM
LEAVE A COMMENT





