Chapter 9: The Boardroom

1275 Words

I entered the boardroom at eight fifty-five with the corrected forecast under my arm. Owen was already seated. The Northline agreement lay open in front of him, and the bank's response was on the screen behind Helen. The bank had offered a sixty-day extension if the board approved a revised operating plan, secured a new deposit from the retreat clients, and accepted a capped payroll budget. The extension would not solve the debt. It would give us two months to prove the model and find a longer-term lender. It was a chance. Not a rescue. Helen asked me to explain the plan. I placed one sheet of paper in front of each director. "We have forty-one confirmed room nights, two paid events, and a third event that has moved to spring. We're below the original target. We have three additional c

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