How will your business respond to a disruption?
Some external events may offer opportunities to your business; others present threats. Even when an event is long-anticipated, the effects are difficult to predict. The Olympics, for example, have had a mixed impact on business, boosting airline travel and sports apparel sales while reducing viewership for rival programming, from Netflix to Discovery Channel’s Shark Week. In France, domestic wine production and sales are in decline due to an influx of cheaper imports. Local wine producers have taken matters into their own hands, leading to widespread damage.
Proper analysis of and planning to respond to external issues can be essential to the success of your business, especially if you are considering recovery from third parties for negative impacts. Asterion’s professionals are experienced in handling business interruption matters. Consider contacting us if you need assistance.
What will you do if your investment goes bad?
Crowd funding is trending as a source of start-up funds, but even great ideas can go awry if there is mismanagement or proper guidance isn’t followed. Not long ago, smart helmet maker Skully raised several million from small investors and $11 million in a second round of funding, Now the company faces litigation and a Chapter 7 filing is anticipated.
If you have experienced a loss and suspect fraud may be involved, the forensic experts at Asterion may be able to assist you with your claim.
On the Lighter Side: You’re not really going to eat that, are you?
If you order one of these meals, at least have a glass of water on the side.
The Thread Recommends: Reviewing the newest proposed IRS regulations issued on liquidation of interests for proper estate planning or if you just cannot sleep. Perhaps you may even want to comment.
Spotlight on Business Interruption & Lost Income Services
Asterion, Inc. (“Asterion”) has extensive experience in the quantification of economic damages incurred from business interruption and various lost income events.