I was hired to help a company collect on its accounts receivable.  They had been growing, and they had been carrying 8% of sales in receivables over a month.  The project was complicated in that incoming payments had always been applied to the outstanding balance in aggregate.  The billing system gave automated journal entries at… Read More

Response to disasters is what gets all the press, and the attention of the people most affected.  Response is important, but we have seen that in the past government response can leave a lot to be desired.  In fairness, government is directed to assist but it does not necessarily have responsibility.  The chain of government… Read More

Risk is a combination of a potential hazard and its probability of happening, what effects it may have, i.e. its impact, and your specific vulnerability.  For profiling your risks, it helps to think in mathematical terms, but do not fret over detail. Think of the probability of a hazard, your vulnerability and the potential impact… Read More

The coronavirus has driven a lot of people to look into preparing for emergencies and potential hazards. Unfortunately, a lot of this interest is “ad hoc”. The virus is the driving concern. The coronavirus is definitely a hazard, but it is worthwhile to review some basics. Understanding your risks: Probability and Impact Families and businesses… Read More

I had a potential client come to me last week, and I lost them as a client within five minutes. They wanted to engage me to tell them what they need to buy to prepare for emergencies. They evidently thought preparedness was about purchases. I answered that buying things is not the answer. I suggested… Read More