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Entries in Financial Crisis (3)

Tuesday
Jul092013

FREE App - The Cost of Downtime Calculator

Cost of Downtime Calculator

It is often difficult to know the true economic impacts to a business from disruptions. Be it a large scale regional disaster. Or a small outage that can occur from applications errors, server downtime, or even a power outage.

Now, I have developed the ultimate Cost of Downtime Calculator. You can visit the Cost of Downtime Calculator page directly on Continuity Company to learn more about the capabilities. We also have an option if you want to add in customized and more accurate calculations directly attributed to your business.

The Cost of Downtime Calculator has options for recovery costs, fines and penalties, contractor costs, employee salaries, and several other options. The App includes an internal help page directing you on how to use it, if needed.

I am very proud of the results that the Cost of Downtime Calculator produces. I am sure you will find it quite accurate for your needs as well. You can also use the Cost of Downtime Calculator to calculate what your Recovery Time Objective (RTO) will cost. You could easily use the app to adjust your RTO and discover the Cost/Benefits of your RTO. Maybe it needs to be shorter, or maybe you can afford to slightly extend the RTO. You can now easily calculate your Maximum Allowable Downtime.

The Cost of Downtime Calculator is FREE to download and use. It is Ad supported and the ads can be turned off for $1.99. The initial app is capable of handling nearly all small businesses and most mid-sized organizations. If you need additional functionality you can purchase an upgrade for $9.99 that should cover all your needs.

My team is currently working on an enhanced functionality update that will be available in 2-3 months after we conduct some additional testing.

We are also working on an additional upgrade for enterprise systems that will allow for more detailed calculations. The future enterprise version will also include a minimum and maximum potential losses.

Below is a screen shot from the Cost of Downtime Calculator App. I hope that you like it and will try it out. Remember it is FREE to download.

 

 

Wednesday
Feb162011

Should You Invest In Gold, Silver or Other Precious Metals? A Preppers Perspective

Unless you have been living under a rock (which may not be a bad idea) you know that we are in the middle of a financial crisis, that looks like it will continue for some time, and may even worsen. Many people have been turning to Gold, Silver and other precious metals, as well as some other commodities as an investment to hedge against inflation

Click to read more ...

Friday
Nov202009

Global Economic Collapse Predicted by Société Générale

Societe Generale recently released a report titled "Worst-case debt scenario" which highlights three possible outcomes of the current economic crisis.

The report, meant to provide deeper insight and clarity into the next phases of the global economic crisis so that clients can take steps to protect their investments.

It is well put together and provides an excellent view of FRM (Financial Risk Management) and suggests selling off the U.S. dollar (a recurring them as of late, but that is another story), buying Government Bonds, and Cherry Picking certain equities and commodities (read buy gold).

They are also predicting a spike in gold prices as high as $6300 or possibly more in the next ten years. Gold today as I write this is over $1100 and climbing.

Since the report is calling for further posible economic collapse I thought I would add it here. The report is below.

 

Société Générale Worst Case Debt Scenario Fourth Quarter Nov 2009