Preview

Contingency Finance In The Movie, Rare Birds

Satisfactory Essays
Open Document
Open Document
319 Words
Grammar
Grammar
Plagiarism
Plagiarism
Writing
Writing
Score
Score
Contingency Finance In The Movie, Rare Birds
Contingency planning ("always have a Plan B") will help small business owners avoid many complex problems. But when it comes to commercial loans and commercial mortgages, working capital strategies often fail to include adequate attention to contingency plans that anticipate what can go wrong with business financing.

One of the most effective and entertaining portrayals of contingency planning is a movie called "Rare Birds". This movie stars William Hurt and includes variations of the line, "Always have a Plan B". For any business owner who doubts the practical value of contingency plans, the movie will provide a relevant perspective. A contingency plan concept for business financing has been one of the core themes for AEX Commercial Financing

You May Also Find These Documents Helpful

  • Satisfactory Essays

    Robert Jones Unit 8 Discussion: John Motorcycle Parts 8/5/2014 IS3110 Mr. Jackson Risk Assessment Plan Performed for John Motorcycle Parts Co. Risks: 1. Identify risks and problems with security plan 2. 5 things to go wrong without Biz Continuity Plan Disaster Recovery Plan. 3. List five risks to be addressed I. Identification of risks and problems:…

    • 186 Words
    • 1 Page
    Satisfactory Essays
  • Satisfactory Essays

    Working capital refers to the short term decisions relating to financing. If the working capital is neglected in any way, it can cause a company to go bankrupt. If this occurs, it means that employees will not get paid and suppliers will not get the proper funding for the supplies that were already ordered. Management of the working capital has to be strict. Policies will need to be put into place where everything is managed correctly. When there is a fault in the management of the policy, workers should come together and implement a plan that will allow for the decisions that were previously made to be taken into effect.…

    • 529 Words
    • 2 Pages
    Satisfactory Essays
  • Powerful Essays

    Nt2580 Notes

    • 1034 Words
    • 5 Pages

    A plan designed to help an organization continue to operate during and after a disruption…

    • 1034 Words
    • 5 Pages
    Powerful Essays
  • Powerful Essays

    Barnes, J. C. (2001). A guide to business continuity planning. West Sussex, England: John Wiley & Sons Ltd.…

    • 1366 Words
    • 6 Pages
    Powerful Essays
  • Satisfactory Essays

    If I were developing a business continuity plan for my company I would start forming back up teams in different locations that work together to create and coordinate plans addressing loss of facilities, personnel, critical systems so that the company can continue to operate when a catastrophic event occurs.…

    • 280 Words
    • 2 Pages
    Satisfactory Essays
  • Better Essays

    Contingency Plan Hrm 420

    • 1475 Words
    • 6 Pages

    this is because the plan is essential in the general profitability of the organization and the business in general (Donna and Stephan, 2002). The plan covers the important measures that someone has to take in order to make their business manage a wide variety of risks. These risks will include both external and internal risks. It explains how a business can be able to survive in the competing environment and also how it can avoid some other natural risks.…

    • 1475 Words
    • 6 Pages
    Better Essays
  • Good Essays

    Actually, the ability of our organization to make progress from a disaster is directly connected to the amount of Business Continuity Planning that we consider before the disaster occurs. A broad business continuity plan forces leaders to assess the weaknesses of the organizations and come up with necessary strategies on how to handle them effectively (Hayes,…

    • 264 Words
    • 2 Pages
    Good Essays
  • Powerful Essays

    Huffman Trucking

    • 654 Words
    • 3 Pages

    1. Develop a business plan to define and meet organizations goals. Create a contingency plan that can be taken in case of emergency or disaster (Myers, 2005).…

    • 654 Words
    • 3 Pages
    Powerful Essays
  • Better Essays

    Contingency planning are steps, procedures, and policies for management that are created to keep business operations on track running and/or to restore them as well possibly during disaster or system failure. Disaster recovery is a number of processes that only pays attention to the processes of recovery. As defined by the Department of Health and Human Services, a contingency /disaster recovery plan is a strategic measure taken if there is a malfunction in a business product or if there is disaster such as flood, or fire or if things don’t go according to plan, (DHHS,…

    • 805 Words
    • 4 Pages
    Better Essays
  • Satisfactory Essays

    Management Planning Presentation Team B Debbie Mixion-Cooper Sophia Wells Taneka S. Johnson August 14,2014 Instructor Lawrence Mattivi Introduction J Willard and Alice S. Marriott A & W Root beer stand Agenda • Analyze the company 's strategic planning, tactical planning, operational planning, and contingency planning. • Analyze the influence that legal issues, ethics, and corporate social responsibility have had on management planning. • Evaluate the planning function of management as it relates to the organization 's goals and strategies.…

    • 239 Words
    • 5 Pages
    Satisfactory Essays
  • Satisfactory Essays

    I am currently working on Business Continuity (BC) activities as it relates to the Minnetonka office. BC plan is a clear and comprehensive statement of actions to take before, throughout and after a disaster to minimize its impact. It also offers a certain level of comfort in knowing when a catastrophe does arise, it won't result in complete disaster for its people and facility.…

    • 216 Words
    • 1 Page
    Satisfactory Essays
  • Powerful Essays

    Emergency Management Final

    • 2289 Words
    • 10 Pages

    Smith, Denis (1990). Beyond contingency planning: towards a model of crisis management. Organization Environment, 4 (4), 263-275.…

    • 2289 Words
    • 10 Pages
    Powerful Essays
  • Powerful Essays

    An important strategy for organizations is to be prepared for any eventuality. A critical element in any security system is a business continuity plan, also known as a disaster recovery plan.…

    • 1339 Words
    • 6 Pages
    Powerful Essays
  • Powerful Essays

    Business Continuity Plan

    • 1377 Words
    • 6 Pages

    In todays economy, organizations are faced with so many obstacles that could permanently alter the way they conduct business or remain relevant upon their competition. In addition to keeping up with the latest technology, new trends among their specific business industry, organizations need to have a plan of action in place if an event of any nature interrupts the normal flow of business. Disaster recovery and business continuity planning are two key processes that allow organizations to continue normal business functions in the event of an interruption. When business is disrupted, it can cost an organization a lot of money. Potential lost revenues, in addition to extra expenses, means a reduction in profits. Even though insurance is…

    • 1377 Words
    • 6 Pages
    Powerful Essays
  • Better Essays

    External influences

    • 971 Words
    • 3 Pages

    Many people know that business continuity planning is not a priority for most businesses until something happens. In order to gain both budget and cooperation during a disaster, businesses lean to external sponsorships like Federal Emergency Management Agency (FEMA), Red Cross, and Red Crescent. FEMA is an organization within the United States used to coordinate the response to disaster, which overwhelms the resources of local and state authorities (FEMA.gov, 2008). Red Cross and Red Crescent are international organizations providing humanitarian aide to protect human life and health, ensure respect for the human being, and to prevent and alleviate human suffering without any discrimination (Red Cross, 2003).…

    • 971 Words
    • 3 Pages
    Better Essays