Tag Archives

58 Articles

Regina Phelps – The Latest News on COVID Vaccines, Variants, Statuses, and how Hybrid Work is Here to Stay

Posted by Felix Assivo on
0
Variety
Regina Phelps – The Latest News on COVID Vaccines, Variants, Statuses, and how Hybrid Work is Here to Stay

Join me on April 22/21, 9am EST! I have my re-occurring chat with globally recognized industry expert, Regina Phelps. We talk about the latest happenings with COVID-19, such as variants, vaccines, and vaccinations.

We also talk about a recent Microsoft report (2021 Work Trend Index: Annual Report) titled “The Next Great Disruption is Hybrid Work – Are We Ready?” It’s a listen that all leaders, management, and employees need to understand.

You can get a copy of the report at my website: https://www.stone-road.com.

Enjoy!

2020-10-29 - YOUTUBE - Banner.jpg

Regina Phelps: ‘Return to the Office’ Thinking and a COVID Update

Posted by Felix Assivo on
0
Variety
Regina Phelps: ‘Return to the Office’ Thinking and a COVID Update

Join me March 25, 2021 at 9am EST!

Join me for my regular chat with globally recognized industry expert, Regina Phelps. We talk about the latest happenings with COVID-19, such as variants, vaccines, and vaccinations. We also have a lengthy discussion about ‘Return to the Office’ thinking, and how management need to take a close look at how their offices are going to operate in the future. Regina also discusses some fascinating research performed by Professor Raj Choudhury from the Harvard Business School about ‘Return to the office’ considerations.

Some very thoughtful insights no management representative should miss.

Check out the video on my YouTube channel to view the slides. (12) Preparing for the Unexpected – YouTube

Show Logo w Microphone.jpg

Embedding Business Continuity & Leadership Support in Disasters

Posted by Felix Assivo on
0
Variety
Embedding Business Continuity & Leadership Support in Disasters

Join me November 4, 2021 at 9am EST!

I talk to industry expert Lynn Hobballah about two key Business Continuity topics: Embedding Business Continuity into an Organization, and Leadership Support and Communications During Disruptions.

With Embedding BCM, Lynn provides some tips on how to integrate BC into everyday business thinking and how awareness is a key component to achieving that goal. We also talk about how BC is not a stand-alone process and that there are benefits to making BC part of daily activities.

Second, Lynn talks about the role of Senior Leadership during a crisis and how to prepare them for being active members of the Crisis Management Team (CMT). Lynn provides some insights on what kinds of support they can provide the CMT and how transparency helps increase support for the BCM program. Lynn provides lots of great tips and insights to help embed BC into our organizations and how leadership buy-in and support helps during a crisis/disaster.

Don’t miss it! Tune in to listen to the variety podcasts.

Show Logo w Microphone.jpg

How to Use Personal Bankruptcy to Help Your Home Business

Posted by Felix Assivo on
0
Business
How to Use Personal Bankruptcy to Help Your Home Business

Using personal bankruptcy can help a small business get rid of their liabilities and can help give them a fresh start. You may choose either Chapter 7, 13, or 11 bankruptcy depending on the situation of your company and your current assets.

Every business, however, is not in a position to file bankruptcy. There are several aspects to consider before a business takes this bold decision. For example, if you wish to keep your business open, have a sufficient amount of cash flow, and can make monthly payments, then Chapter 11 bankruptcy would suit your needs.

On the other hand, if you do not have sufficient cash flow and you wish to close down the business efficiently, then you should apply for Chapter 7 bankruptcy. Chapter 13 Bankruptcy is used if the sole proprietor wishes to keep the business running.

A wrong choice can have disastrous effects on the financial situation of the person under discussion. It is better to consult an expert in the field before filing a case. The first thing you need to consider before filing for bankruptcy is to see whether your business is in a partnership or is a sole proprietorship.

We will discuss bankruptcy options for sole proprietors, small business partnerships, and corporations and how they affect each party.

1.     Filing for Chapter 7 Bankruptcy as Sole Proprietors

If a business owner has decided to close down a business, then they can use Chapter 7 bankruptcy. This helps the business owner discharge their business and personal debts and erases their personal record, which gives them a fresh new start if they are looking to invest in new ventures.

This is not in the case of Chapter 11 and 13 filings in which a creditor payment is required. A time period of 3-4 months is required for the completion of Chapter 7 bankruptcy filing. Chapter 7 Bankruptcy may seem like the perfect option for home businesses that want to close down, but there is a downside that one cannot ignore – once you file for Chapter 7 Bankruptcy, your property will become part of the bankruptcy estate.

You will only be allowed to keep only the assets that fall in the “exempt” section. These can be your home, car, clothes, etc. For a filer, a Chapter 7 bankruptcy could mean they will be losing property and other valuable assets too if they will be filing for a Chapter 7 Bankruptcy.

Chapter 7 Bankruptcy allows business owners to keep a “service-only” business when they file for this type of Bankruptcy. This means you can save your business if you are providing a service such as a freelance writer, an accountant, a carpet cleaning service, replacement windows service, or if you are a handyman. A lot of states also exempt equipment that might be needed to provide these services.

2.     Filing for Chapter 11 or 13 Bankruptcy as Sole Proprietors

If you wish to continue your business even after filing for bankruptcy, then you can either opt for Chapter 11 or Chapter 13 Bankruptcy. You can choose between Chapter 13, Chapter 11, or Subchapter V depending on your debt limits. In most cases, you will be allowed to continue operations once you file for one of these Bankruptcies.

You should be able to have an adequate amount of cash flow, though, which can help keep your business up. The plus side is that you will not be giving away your property, which makes it easier to run business operations. There is a catch, though – you will be paying your creditors money, which will equate to the value of the non-exempt property via the repayment plan.

Moreover, you will need to prove that you are making enough money that will support your case.  In case you are unable to protect your business equipment as you are unable to pay the value via the plan, then Chapter 13 Bankruptcy is not a valid plan.

Chapter 11 Bankruptcy is quite similar to Chapter 13 Bankruptcy. A business that file For Chapter 11 Bankruptcy keep their assets and pay the creditors via a repayment plan. However, unlike Chapter 13, Chapter 11 can be a tad bit complicated due to extensive and continuous reporting procedures. Moreover, it tends to be extremely expensive for small businesses to keep up with such procedures.

3.     Filing for Chapter 7 Bankruptcy as Small Business Partnerships and Corporations

As a business closes down, there are multiple aspects that need to be taken care of. When a business is divided between partners, it becomes the responsibility of all the stakeholders to liquidate the assets and divide them between the creditors. If the small business has a large number of assets in its name, then using Chapter 7, Bankruptcy can make the process much easier.

There is an increased amount of transparency, and the closing down process can take place much more smoothly. Moreover, it lessens the chances of any creditors claiming fraudulent activities, and stakeholders have lesser chances of raiding the asses at the time of company closure.

4.     Filing for Chapter 11 Bankruptcy as Small Business Partnerships and Corporations

Since Chapter 13 is only available for sole proprietors. A small business partnership or corporation can file for Chapter 11 Bankruptcy if they wish to keep their business running and pay fewer debts. Previously small business was reluctant to file for Chapter 11 Bankruptcy as there was an increase in rights given to creditors along with increased legal fees. However, there has been a relaxation in this regard, and small businesses are given the option to restructure their debts.

What’s Next?

Whether your business is owned by a sole proprietor, partnerships, or corporation, it can be a complicated procedure to file for business bankruptcies. If you are thinking of filing one, then it’s best to take help from an advisor or an attorney who is well-versed in all the legal procedures regarding business bankruptcies and also you can listen to best podcasts on business. This way, you will be able to get financial reassurance and the best deal on the table for your home business.

Author Bio:

Arslan Hassan is an electrical engineer with a passion for writing, designing, and anything tech-related. His educational background in the technical field has given him the edge to write on many topics. He occasionally writes blog articles for London carpet cleaning.

Resilience Through Relationship (w/ Rina Singh)

Posted by presspass on
0
Variety
Resilience Through Relationship (w/ Rina Singh)

Join me October 7, 2021 at 9am EST!

Resilience isn’t just about technology components are available or ensuring business operations continue, it’s also about personal resilience. I speak with resilience expert and the creator and host of the popular podcast RESILIENCEPOD, Rina Singh. Rina will talk to us about four (4) key tips organizations and individuals can foster to help build a sense of resiliency by developing relationships in our professional and personal lives. These tips will seem simple and logical but without the hard work and continuous effort, resiliency cannot be pursued. Rina will also talk to us about Business Continuity Institute’s (BCI) Women in Resilience (WiR) initiative, where she is the Vice-Chair.

Don’t miss a truly enlightening and inspiring discussion to help you become more resilient.

Show Logo w Microphone.jpg

‘Presilience’ Part 2 – w/ Dr. Gavriel Schneider

Posted by presspass on
0
Variety
‘Presilience’ Part 2 – w/ Dr. Gavriel Schneider

Join me August 12, 2021 at 9am EST!

Part 2 of my talk with Dr. Gavriel Schneider on Presilience. Presilience is a different way of viewing resilience, in individuals and organizations. Join me as I talk with acknowledged subject matter expert on human centric and Integrated Risk Management, Safety and Security, Dr. Gavriel Schneider. Dr. Schneider has extensive senior level management and leadership experience, and talks to us about how the current compliance-based resiliency approach of organizational leaders needs to change. Presilience is about the ongoing use of skills in a way to better your response to risk, whether it is an opportunity, crisis or emergency. It’s not just the commonplace way of utilizing risk management to create a ‘response plan’; it allows you and your organization to be better positioned even after you’ve experienced an adverse situation. It’s another real eye-opener of a chat, so don’t miss this episode and don’t forget to check out Part 1 which aired 2021-07-08!

Show Logo w Microphone.jpg

Future Proof Business Continuity Audits

Posted by presspass on
0
Variety
Future Proof Business Continuity Audits

Join me September 2, 2021 at 9am EST!

Audit is not the bad thing many would believe. Audit can actually help us with our Business Continuity Management (BCM) programs to develop stronger response plans and incident investigations. I talk with IT Audit expert Mark Fenech, who will provide insights on how BCM – and an organization in general – can leverage Audit practices and personnel. We’ll chat about recommendations vs observations, where Audit can get involved with incident investigations, and even the differences between auditing documentation and applications. Mark will also help us prepare for an audit by providing some tips on what kinds of documentation and information Audit seeks. Make the Audit department your ally, and listen in to learn how Audit can help bolster your BCM programs.

Enjoy!

Show Logo w Microphone.jpg

Organizational Resilience – Connecting the Dots

Posted by presspass on
0
Variety
Organizational Resilience – Connecting the Dots

 

Organizational Resilience does not come about by working in silos. Join me, as I talk with resilience and crisis leadership expert Caroline Sapriel, as we discuss how we can connect different groups to create strong crisis leadership and build a sense of organizational resilience. Caroline touches on such topics as: 1) common themes in crises, 2) After Action Reports, 3) Crisis Preparedness, 4) distinguishing between sudden and creeping crises, and 5) Stakeholders Management and Mapping. And more! There is allot of good advice for organizational leaders and resilience professionals on how to look at crises and crisis response to help create Organizational Resilience.

Don’t miss it!

Show Logo w Microphone.jpg

“Presilience” w/ Dr. Gavriel Schneider

Posted by presspass on
0
Variety
“Presilience” w/ Dr. Gavriel Schneider

Join me July 8, 2021 at 9am EST!

Presilience is a different way of viewing resilience, in individuals and organizations. Join me as I talk with acknowledged subject matter expert on human centric and Integrated Risk Management, Safety and Security, Dr. Gavriel Schneider. Dr. Schneider has extensive senior level management and leadership experience, and talks to us about how the current compliance-based resiliency approach of organizational leaders needs to change. Presilience is about the ongoing use of skills in a way to better your response to risk, whether it is an opportunity, crisis or emergency. It’s not just the commonplace way of utilizing risk management to create a ‘response plan’; it allows you and your organization to be better positioned even after you’ve experienced an adverse situation. We’ll also talk about the VUCM world of risk management (Volatile, Uncertain, Complex, Ambiguous).

It’s a real eye-opener of a chat, so don’t miss it!

Show Logo w Microphone.jpg

How to Prepare When You Are Not Expecting

Posted by presspass on
0
Variety
How to Prepare When You Are Not Expecting

Join me June 10, 2021 at 9am EST!

What does a Business Continuity Management Systems (BCMS) entail? Join me as I talk with Business Continuity expert Jacopo Capparelli, as he provides insight on what a BCMS program entails. Jacopo will provide some insights on how the ‘Analysis’ phase of the BCMS is often mismanaged and how it can be improved using technology and Artificial Intelligence (AI). We’ll also touch on the key Contingency Resources that all professionals, programs, and plans should address during adverse situations. Jacopo talks about the BCMS program with clear and concise language and shouldn’t be missed by anyone wanting to know more about the BCMS.

Enjoy!

Show Logo w Microphone.jpg

Enjoy this blog? Please spread the word :)

RSS
Follow by Email