Monday, May 21, 2012

 NEW YORK, May 21, 2012 – The recent debacle brought on by speculative investments of key staff at JP Morgan Chase has brought to center stage the risks taken daily by businesses. Small businesses are not different in making many assumptions on market and having the ability to turn a profit during startup and operational stages. A white paper titled, "5 Reasons Businesses Fail and How Excel Can Help", aims to educate small business owners on how that common tool can be used to manage risk and pursue growth.

"The old adage, 'hope for the best, plan for the worst' is constantly compromised and this is a slippery slope toward chaos. This is true for business and life in general," said Othniel Denis, MBA, Principal of Excellent Ones Consulting.

Wikipedia defines risk as "the potential that a chosen action or activity (including the choice of inaction) will lead to a loss (an undesirable outcome). The notion implies that a choice of having an influence on the outcome exists (or existed)." Warren Buffet, American business magnet put it much simpler stating, "Risk comes from not knowing what you're doing."

View the full white paper titled, "5 Reasons Businesses Fail and How Excel Can Help " at http://www.excellentones.com

About Excellent Ones Consulting

Excellent Ones Consulting is a firm that helps organizations to increase profitability by harnessing the powers of Microsoft Excel. The firm develops custom programs, creates financial models and administers training workshops for the Microsoft Excel environment. The firm is located in downtown Brooklyn, New York. For more information, visit www.excellentones.com.