The Financial Doctor Is In

A day in the life of an insolvency professional is not unlike that of an emergency room doctor dealing with patients at different stages of illness. Like his medical counterparts, the financial doctor is often more successful when there is early diagnosis and treatment of problems. In those cases, the prognosis for survival is greatly enhanced. Unfortunately human instinct is to deny problems and keep fighting for survival. When you are so busy doing triage, you take your eyes off the big picture, often making short-term mistakes and decisions motivated by immediate gain as opposed to more carefully, thought out, strategic plans that will serve your long-term interests. This is where an insolvency professional can help out, providing an objective assessment and applying years of experience to find a creative solution. For full article refer to The Financial Doctors Make House Calls [Published Biz Magazine, October 2005]

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