TIMEFRAME AND COST

A complex analysis has been refined into a relatively simple process that is both efficient and effective. The bulk of the work is done by Edge rather than the company and in a way that consumes very little senior management time. Edge’s experience in this area is reflected in both the speed with which analysis can be completed and the cost of the program.

The process has a clear timetable and scope of operation, includes implementation methodology driven by Edge and is offered at fixed cost.

• Analysis takes three days on-site and needs little senior management time.

• Implementation of reporting mechanisms takes a further day.

• Development and finalization of the strategic plan can usually be accomplished in 30 days.

• Edge attends follow up meetings to monitor reporting and any changes in the banking relationship.

• The cost is $6,000 to $12,000 depending on the complexity involved.

The result is a written strategic and tactical plan for dealing with the bank that can transform the relationship into one that can survive the normal problems that beset businesses for years to come.

Edge is also available to represent the company in meetings with the bank should the company see that as desirable.