* SITUATIO.TXT

                           PRESENT SITUATION

    * Current condition of the organization -- a present-day "snapshot"
    * Briefly take stock of your present situation regarding all of
    these areas -- just one page here should be sufficient.

MARKET ENVIRONMENT

The marketplace is undergoing rapid changes / has been stagnant for XXX
years.  We are poised now to XXX

PRODUCTS AND SERVICES.

The present stage of XXX (product/service) is in the design,
flexibility, early development, test, test market, mature stage.

PRODUCT LIFE CYCLE

Our current product line/service is XXX (needs extending,
reorganization, paring down)

    * Time factors influencing your ability to make money with current
    products/services.

PRICING AND PROFITABILITY

Current prices are XXX (holding, eroding, increasing) and profits are
(holding, eroding, increasing)

CUSTOMERS

Current customers are using our XXX for XXX (uses).  They are requesting
that we XXX (make improvements, introduce a new model)

DISTRIBUTION

We have XXX service centers, retailers, manufacturer's representatives,
sales people working out of XXX offices, territories in XXX states,
countries.

MANAGEMENT

Most of our management is in place, however, we require a XXX (Finance,
Production) manager to complete our team.  Also, we are currently hiring
XXX employees to XXX (jobs to fill)

FINANCIAL RESOURCES

Current cash available is $XXX.

Our Current Ratio is: Assets/Liabilities =

Our Quick Ratio is: Cash & Equivalents + Accounts Receivable + Notes
Receivable/Total Current Liabilities =
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