Hometown: formerly San Diego
November 27, 2011
business accounting and financial forecasts
when to invest venture capital
Owner/operator of a small business venture with multiple income streams and two locations for up to 9 years with three partners and dozens of employees. Our business provided two families with a living income for 9 years. When offered the capital to expand, we chose to pass. During the life of this business venture, that was the one and only time this opportunity presented itself. My partners and I were ill prepared to make the leap from owner-operators to owner-managers. When the events called for our business to close, it was because the business could not function without our physical presence. As manager/owners, we could have sustained the business. As it turned out, failing to expand was a fatal decision. Oh, that we could learn to learn "in time."
I use data analysis to assist in managing business decisions. I work with statistical analysis or analytics. When a matrix of data tells a story, sales projections, forecasting trends, like Margin Call's scenario, it is best to know "in time."