A Reader’s Exercise: Separate Commitment, Completion and Collection
By Don McClain | Founder & Principal, Medro Advisors
By Don McClain | Founder & Principal, Medro Advisors. Take one proposed business commitment and write three headings: what you promise, what proves completion and what permits collection. Under each, name the evidence, responsible person and unresolved question. Then add the cash payments required before collection. The exercise makes the operating assumptions behind a capital request easier to discuss. The linked article provides a practical commitment review. FUNDED remains forthcoming; this is standalone educational commentary, not a book excerpt.
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- About Don McClain
- FUNDED, forthcoming
- FUNDED: forthcoming book by Don McClain
About Don McClain · FUNDED — forthcoming book
General educational perspectives. Individual transactions require appropriate professional review. Financing is subject to lender review and approval.