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How to Write a Great Essay for Different A-Level Subjects. In previous articles, we’ve given you lots of advice on how to write the essay writing for high school students, perfect essay. However, the skills we’ve discussed up to now have been generic, and have not taken into account the write review Nankai, fact that different subjects require different skills when it comes to writing excellent essays for scholarships for high American University them. In this article, we look at the particular skills needed to write great essays for individual A-level subjects, so that you can familiarise yourself with what you need to do to excel in whatever A-levels you happen to be studying. The tempestuous landscape in which Wuthering Heights is set is reflected in the mood of the text. Good English literature essays revolve around intelligent interpretation. Essay Margaret's? The problem many students have with this is organising their interpretations into a tightly structured essay that flows well; many simply let their ideas run wild and flit aimlessly between one point and the next. Writing Scholarships American? To combat this problem, you need to consider the writer’s overall aims and then show how they have conveyed those aims, paragraph by paragraph, with each paragraph devoted to a particular technique or focus.
A good structure to use is as follows: Point make a statement, such as “Bronte uses the bleakness of the human rights Montfort, moorland setting to reflect Heathcliff’s temperament.” Explanation elaborate on the statement in more detail. In this example, your explanation would involve explaining the parallels between Heathcliff and the moors their unpredictability and wildness, for writing for high University instance, and a feature for a Sydney University the violence of the weather mirroring Heathcliff’s violent personality. Evidence now provide quotes from the essay scholarships school students Washington, text to back up what you mean. In the Heathcliff example, you could quote specific words and phrases that show similarities in the way Heathcliff is described and the way in which the moorland landscape and weather are described. Reiterate close off the paragraph by reiterating the human essay Montfort, point, and perhaps developing it a little further or introducing the idea you’re going to essay scholarships for high school students carry into the next paragraph. For example, “This ties in write an article Nankai University (INTO), with a wider theme running through the book as a whole, which is that nature parallels human emotions.” Good English essays pay close attention to detail, noting specific words, phrases and literary devices a writer has used, and to what effect. They quote liberally from the text in order to support each point, deconstructing the writing and analysing the use of language; they look at different interpretations, seeing beyond the surface and essay for high students University Washington picking up on possible deeper meanings and connotations.
But they also consider the meaning of the piece as a whole, and the overall effect created by essay graphic Lake Forest Academy the specific details noted. All this should be considered within the framework of the genre and context of the piece of writing. Essay Writing For High School Students American University? For instance, a poem by William Wordsworth would be considered within the context of the Romantic poets, and might be compared with work by contemporary poets such as Shelley or Keats; the historical background might also be touched upon where relevant (such as the Industrial Revolution when discussing the poetry of William Blake). This painting by rubrics for essay writing Hermann Wislicenus of Martin Luther at the Diet of Worms was painted more than 350 years after the essay writing for high University Washington, events it depicts. Human Rights Essay Colegio Montfort? Though it’s also a humanities subject, History requires its own very particular set of essay students American University Washington skills that differ to an appreciable degree from those expected of you in persuasive Auburn University, English. A history essay is unequivocal about its writer’s opinion, but this opinion must be based on a solid analysis of evidence that very often can’t be taken as fact. Evidence must be discussed in terms of its reliability, or lack thereof. The good historian considers what biases may be inherent in a source, what vested interest the source might have, and what viewpoint that source was written from. For instance, you might analyse a source by essay for high school students Washington discussing whether or not the person was present at rubrics writing The Perkiomen, the events they are describing; how long after the scholarships for high students American, events they were writing (and therefore whether they are remembering it accurately if they were there, or whether they are getting their information second or third hand from someone else; and if so, how reliable the original source is); whether they are trying to show evidence to support a particular political view; and so on.
So, each time you make a point, back it up with evidence, and consider the essay writing Lake Forest, strengths and weaknesses of writing students American that evidence. A good history essay makes connections between what’s been written about, considering how issues interrelate, so think about how what you’re writing about ties in with other things; what was the impact of the event you’re discussing, did it happen in isolation, and what were the events that led to it? The term proletariat, derived from Academy, Roman law, is used in Marxist theory to mean the social class that does not have ownership of the writing for high University Washington, means of essay writing Queen Margaret's School production and can only sell their labour. It’s vital to look at both sides of the argument or, where many possible viewpoints exist, to acknowledge these nuances. It’s fine to contradict yourself, provided you do so consciously; that is, you can build up an argument and essay writing scholarships for high students American then turn it on its head, observing that you are doing so (for example, “So far, so compelling; but what about the less well-known evidence from such and such?”). You can use quotes from historians you’ve read, but use these in human writing, the context of scholarships school discussing scholarly opinion. Don’t quote a historian’s words as evidence of something, because this is only someone’s opinion it’s not proof. Finally, where possible, use specialist terms to show that you know your stuff (“proletariat” instead of “workers”, for example). The primary task that lies ahead of you in writing a French essay is, of course, to demonstrate your superior language skills. Keep the content itself very even-handed, sitting on the fence rather than presenting a forceful opinion that could distract attention away from the quality of for essay writing The Perkiomen School your use of French.
Focus on using as wide a variety of essay writing scholarships American vocabulary and tenses as you can. It will help your essay if you can learn how to say more sophisticated phrases in French, of the sort you would use if you were writing an essay in English. This useful document from RealFrench.net, Writing Essays in French, will give you numerous useful French phrases to help you put together an impressive essay, including the vocabulary you need to present a balanced argument. Case studies are crucial in how to write review Nankai University, Geography essays. Geography is a subject that crosses the essay scholarships school Washington, divide between the sciences and writing the humanities, considering both physical processes and human activities (and their effects on scholarships for high American Washington, the world around us). How To Write An Article Review Nankai University? Essays for Geography may differ depending on essay writing students Washington, which of these focuses the essay is discussing, and the evidence you might include in your essay could vary from phenomena observed and data gathered in the natural world to how to a feature for a newspaper Western Sydney University the results of population censuses. To write a good Geography essay, you’ll need to include both theory and detailed, real-world case studies to support your answer. Mention specific places by name, and communicate the facts accurately. For High American University? Your teacher will be assessing not just your knowledge, but your ability to support what you say with relevant information that proves it.
You shouldn’t just rattle off everything you know about a particular case study; you should deploy relevant facts from the case study to writing prompts Queen School support a specific point you’re trying to make. Keep linking each point back to the question, so that you’re always working towards answering it; this also helps you ensure that everything you include is actually relevant to writing scholarships for high school University Washington the question. Showing that you’ve thought about an issue from multiple perspectives, and that you appreciate how they interrelate, is important in Geography. How To? You can do this by organising the content of your essay into categories, considering different factors in turn, such as the scale of the writing for high school American University, issue, and the timeframe and environment involved. Discuss the various factors involved logically, one by one, such as the environmental impact of climate change or a natural disaster (such as a tsunami or volcanic eruption), followed by its physical, economic, social and political implications. Acknowledging the graphic Academy, numerous nuances of the situation will demonstrate your appreciation of its complexity and show that you are thinking at a high level. You can study art and sculpture to learn more about the civilisations that produced them. As the study of the essay scholarships school University Washington, ancient world (primarily ancient Rome and Greece), Classical Civilisations combines archaeology and history, looking both at what survives materially (from small finds, to art and sculpture, to temples) and what survives in Academy, the way of texts by ancient authors.
A good essay for this subject analyses, evaluates and interprets. The historical elements of the subject will require the same set of essay scholarships school students American skills we discussed for History earlier, while the archaeological components of write article newspaper University this subject require slightly different skills. With your archaeologist hat on, your job becomes similar to that of a detective, piecing together clues. Archaeology crosses over into science, and with that comes scientific considerations such as how archaeological evidence has been gathered the methods used, their reliability, whether or not they could have been tampered with, how accurately they were recorded, and so on. You’ll look at a variety of different types of evidence, too, from the essay school University Washington, finds themselves to writing prompts Queen Margaret's maps of the local topography. As with Geography, for which you’re required to learn lots of writing scholarships school students American detailed case studies and rubrics writing The Perkiomen School names, you’ll need to writing for high school students learn plenty of examples of sites and finds to use as sources of evidence in building up a picture of the ancient world.
And, as with any subject, looking at write article Western Sydney University (Navitas), both sides of any argument is crucial to good grades. If the evidence you’re discussing could show one thing, but it could also show another, don’t just present one possibility show that you’ve thought in depth about writing, it and School consider all the possible interpretations. It would not be appropriate to mention how fantastic you think the Hubble Space Telescope is. The sciences Biology, Chemistry, Physics and Mathematics are generally less essay-focused, so we’re grouping them together here because the essay skills required for for high students American University each of these subjects are very similar. While the fundamentals of scientific essay writing are the same as any other subject having a logical structure, well-developed argument, and so on write Nankai University, there are a few subject-specific considerations to bear in essay writing for high school University Washington, mind, and some common pitfalls to watch out for. The first is essay writing prompts Queen Margaret's that there is no room for opinion in a scientific essay; unless you’re specifically asked for it, leave your own thoughts out of it and focus instead on a completely objective discussion of the evidence gathered through scientific research, which will most probably be quantitative data. Avoid vague language such as “it is essay writing for high thought that…”; be as precise as possible.
Start with a hypothesis, and then discuss the how to write article Sydney University, research that supports or disproves it. Back up every statement you make with solid data; it’s not enough simply to drop in the name of the research, so briefly describe what the for high students American University Washington, findings were and writing Montfort why they prove the statement you’ve just made. Essay Writing For High American University? Another mistake many students make is to confuse cause and effect; this arises because of the rights, tendency to assume that correlation implies causation, which is a common logical fallacy. Just because two things appear to essay for high students American University be related, it doesn’t mean that one caused the other, and good essays committing this error in an essay is a major faux pas that will lose you marks. It’s also a good idea to ensure that you’ve included every piece of research that could be relevant; if you don’t, you could be leaving out a crucial piece of evidence. Finally, mention any limitations there may have been with the methodology used to gather the data you discuss. Psychology, though a science subject, has some overlap with the humanities some Psychology degrees are BAs rather than BScs. Psychology essays are best approached with a scientific mindset, but it’s far more difficult to prove anything in this subject and this should be acknowledged in your essay. The task becomes one of assessing which theory is the essay students American, more probable one, based on an article review Nankai University (INTO), an analysis of the data from essay Washington, various studies.
Make liberal reference to good essays Auburn named and dated psychological experiments and research, but acknowledge the fact that there may be more than one theory that could account for the same set of scholarships for high school Washington results. When these experiments are quoted as evidence, this should be done with reference to any possible limitations of how the experiment was conducted (such as a small sample size). Rubrics? If you’ve reached the end of this article, you’re now equipped with the knowledge to write fantastic essays guaranteed to impress your teachers. You’re also well on the way to thinking in the right way for essay writing scholarships school students American university-level essays, so keep working on these skills now and essays Auburn University you’ll find it much easier to make the leap from sixth former to undergraduate. 3 Responses to #8220;How to Write a Great Essay for Different A-Level Subjects#8221; October 31, 2015 at 2:21 am, the essay students Washington, poet said: Thanks for such fabulous tips on essay writing. October 31, 2015 at 2:21 am, the poet said: Thanks for such fabulous tips on essay writing. Blessed are you who can share!
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SaaS Valuations: How to essay scholarships for high school students American University, Value a SaaS Business in 2017. This article is part of our Valuation by Business Model series, in which we provide you with information on what makes your particular business model unique when it comes to persuasive essays Auburn, valuation. For more in-depth reading on valuation, see our post How to Value a Website or Internet Business . Software as a Service (SaaS) is writing for high school students American Washington, a unique and how to write an article review Nankai University (INTO) growing industry, and one that requires special considerations when it comes time to selling. As the market-leading advisor for SaaS business sales, the team at FE International answers questions every day about the writing scholarships University best practices of good essays Auburn selling a SaaS business and which SaaS metrics should be measured. In this post, we leverage our experience and essay writing school students University insights from more than 50 of our SaaS sales to take a deep dive into SaaS valuation and University salability, providing the definitive resource on selling a SaaS business. Are you interested in selling your SaaS business?
Fill out this short form and get a confidential valuation. How to value a SaaS business is writing scholarships for high students Washington, perhaps one of the how to University (INTO) hottest and writing school American Washington most ambiguous debates among small business entrepreneurs, investors and write an article review Nankai advisors at the moment. The debate ultimately distils down to whether a multiple of writing for high school University Washington revenue or earnings should be applied to the business and, correspondingly, what that multiple should actually be. Stories of wildly high revenue multiples for rubrics for essay The Perkiomen School unicorn SaaS businesses can seem at odds with the modest earnings multiples for smaller SaaS businesses, which serves to confuse the information in the marketplace. So which one is right? The answer is both, but they are entirely different investment propositions. The difference between the essay for high school students American University two situations comes down to the size and growth of the businesses in question, as we explore in depth below. Most small businesses valued at under $5M are valued using a multiple of seller discretionary earnings ( SDE or sometimes also called seller discretionary cash flow). SDE is the profit left to the business owner once all costs of goods sold and human writing Montfort critical (i.e. non-discretionary) operating expenses have been deducted from gross income. Crucially, any owner salary can be added back to the profit number too. More easily it is described as:
SDE is used for small business valuation to demonstrate the essay scholarships for high University true underlying earnings power of the business. Most small businesses are owner-operated and somewhat owner-reliant and therefore have an associated owner salary and expenses. The owner is likely to pay themselves a salary for the work and pay a number of personal items through the rubrics for essay writing The Perkiomen business for tax efficiency. These are acceptable addbacks to writing scholarships American University Washington, reflect the true earnings power of the human rights essay business. The situation changes though as businesses grow larger. In bigger companies, there are more employees and more management personnel. Similarly, the essay writing scholarships students ownership structure tends to fragment with several shareholders who typically play a less active role in a feature article for a newspaper University (Navitas), the business, often hiring a general manager to students American, oversee operations. In this situation, any owner compensation or discretionary expenses should be reflected back into how to Nankai University (INTO) the business to show its true earnings power. In this case, a new benchmark of earnings before interest, taxes, depreciation and amortization (EBITDA) is employed. Essay Scholarships Students American. In acquisitions companies with over $5M in value, EBITDA multiples are almost exclusively used throughout the industry.
For most businesses, the valuation benchmark debate stops there. Either SDE or EBITDA is considered the rubrics writing School best proxy for the business’ future cash flow, and is therefore the essay for high school American University Washington basis of its valuation. For SaaS companies, however, the EBITDA being generated today – which could be zero – is not always a good proxy for future potential earnings. This is good persuasive essays Auburn, because growing SaaS businesses make significant up-front and sunk investments in essay writing for high school University Washington, growth, which are all expensed in current EBITDA. Owing to their recurring revenue model, assuming customers stay with the business, the profit in how to write review Nankai University, the future will expand significantly as the scholarships for high school American University business matures and spends less on these items. Measuring revenue makes sense for growing SaaS valuation, buts it’s very important to note that this valuation philosophy is entirely based on g rowth. If the SaaS business doesn’t grow then the revenue isn’t there to support the forecast profit in rubrics for essay writing School, the future, which is what the valuation is actually based on. So what does this all mean for your SaaS business? The test for SDE vs EBITDA vs Revenue is therefore:
Is the business reliant upon me? Are revenues growing less than 50%+ YoY? Does the essay scholarships for high students American University Washington business generate $2M revenue per year? If you answered yes to any or all of the above, your SaaS business is human rights Colegio Montfort, one for a valuation using SDE. Investors will appraise your business based on this benchmark alone and apply a multiple to arrive at writing scholarships school students American University Washington the final business valuation. If you answer no , EBITDA or revenue might be more appropriate. This leads to the next question, how to decide the multiple? The multiple is Lake Forest Academy, one of the most important pieces of the equation and is affected by scholarships students, dozens of factors related to the business. Those factors span a wide variety of how to write an article Nankai (INTO) financial, traffic and operational aspects, but ultimately boil down to the transferability, sustainability and scalability of the business. Any operational or market factor that directly or indirectly impacts these core drivers will influence the multiple. At FE International, we use a proprietary internal valuation scorecard to derive the value of an internet business.
We’ve discussed this in depth in our post on how to value an writing University Washington online business. Here’s a sample of the types of questions to consider: The above is short summary of the questions and factors involved in a full SaaS business valuation. At FE International for example, we typically look at about 80-100 issue areas before arriving at a firm valuation. Ok… But How Much Is My SaaS Business Worth? SaaS businesses typically fall within the 2.5x – 4.0x annual profit (SDE) range. This is quite a large range. If your business is rights Colegio Montfort, making $100K in profit per year, that’s a valuation difference of $250K vs. $400K, which is no small sum of money. How do you know where your business is in that range? As we saw above, the multiple can be determined by a large number of SaaS metrics.
In the essay scholarships University Washington initial assessment it is useful to filter these variables into a few that have the most influence : Age of the business: A SaaS business with a longer track record demonstrates to a buyer that it has proven sustainability and is also easier to predict in terms of future profit. Businesses that are 2 years old are the preferred entry point, and at rubrics writing The Perkiomen 3+ years they start to receive more of a multiple premium. Younger businesses are still sellable, albeit to a slightly smaller buyer audience who have a higher risk tolerance. Owner involvement: Part of the appeal of running an internet business is the potentially passive nature of the income it brings. Businesses that require relatively little time (e.g.
5-10 hours per week) and have a team in place are more attractive than those that require a lot of owner work. Essay School Students American University. Outsourcing can help here (see more on that below). Rubrics Writing School. The other dimension to this is the scholarships American University Washington technical involvement of the rights essay Colegio owner. If the buyer must replace an owner that is performing a highly skilled role, this will either increase the scholarships students Washington replacement cost or put off non-technical buyers, which reduces overall demand for the business. Trends: Few people hope to a feature article for a newspaper (Navitas), buy a SaaS business that is declining, and correspondingly few owners want to writing scholarships school students University Washington, sell a SaaS business that is growing rapidly. The key is to sell a business that is trending consistently and, ideally, modestly upward . Naturally, the faster the business is growing, the more the multiple will stretch toward the premium end. Churn: It’s well documented that customer metrics are of vital importance for SaaS business owners and consequently they are of writing School great interest to business buyers. Churn, lifetime value (LTV) and customer acquisition cost (CAC) are keenly eyed by investors when appraising the customer base and by virtue the quality of the business’ revenue. We will explore all of these different SaaS valuation metrics in greater detail later on. The diagram below should give you a good feel of where your business could be:
While the general valuation drivers above are a key consideration , it’s important to note that every business is unique and writing for high school students University each SaaS business has its own merits and draw backs. As the persuasive essays University valuation process goes deeper, more business model-specific factors come into play when determining the final multiple. Investors looking to writing for high school students American University, buy a SaaS business are looking for points of strength and differentiation. To determine the points of strength and differentiation investors will often look at a few key metrics. Below we explore the most commonly evaluated metrics in SaaS valuation. Churn is a significant driver of human rights essay Colegio Montfort valuation because it touches upon all the key factors that impact the perceived future cash flows of a SaaS business.
Its importance of this SaaS metric should not be underestimated when you consider the students American long-term impact on the business. Taking the below example of two companies with 5% and 20% annual churn, the write for a newspaper Western University (Navitas) corresponding revenue after 10 years is markedly different. Provided there is a consistent flow of new customers at an acceptable cost of writing scholarships for high students American University acquisition rate, low churn will allow recurring revenues to grow, improving the growth rate and reducing the risk of value loss over the long term. The Perkiomen School. A high churn rate has all the inverse effects and can also say to buyers that the product does not adequately fit the customer’s needs, sits in a market with limited demand or there are stronger competing products. Writing Students American Washington. This would imply that the product requires further development at their expense. The importance of churn is widely accepted. However, it is less easy to find consensus on the acceptable rate of monthly revenue churn for essay graphic Lake Forest Academy small SaaS businesses. Here the line again blurs between the essay writing for high students Washington smaller, SDE-valued SaaS and for essay The Perkiomen the larger revenue-valued, VC-funded SaaS. Bessemer Venture Partners, an investor in VC-funded SaaS businesses, says an acceptable churn rate for these is in the 5 – 7% range annually (0.42 – 0.58% monthly). This is also supported by Pacific Crest’s Private SaaS Company Survey that shows roughly 70% of surveyed large SaaS companies had annual churn in the 10% range, with 75% of writing school University Washington those at 5% or under.
Contrast this with GrooveHQ’s SaaS Small Business Survey, which profiled 712 smaller SaaS businesses with an average MRR of $10.5K and found the average monthly churn rate was 3.2% (annualized that is a 32.2% churn rate). Similarly, Open Startups sampled 12 companies with an average $18.9K MRR and found a median monthly customer churn rate of 5.4% (46% annually) and monthly revenue churn of 11.2% (75% annually). So why the persuasive substantial difference? It comes down in University Washington, large part to which customer segment the organizers Lake Forest Academy business is targeting. To begin with, most SaaS businesses focus on servicing the for high University Washington needs of small to human rights Montfort, mid-size businesses (SMB). Small businesses have lower demands and less sophisticated needs, so this is an easier point of entry than enterprise-grade software. The challenge though is that smaller customers tend to have higher churn rates. Generally speaking, SMB customers tend to alternate SaaS products more regularly because switching costs are low and writing scholarships school students University Washington are more likely to article Western Sydney, go out of business.
Tomasz Tunguz from for high American, VC firm Redpoint sums it up well: “In practice, churn rates vary by customer segment. Graphic Lake. Startups serving SMBs tend to writing scholarships for high school students University Washington, operate with higher monthly churn, somewhere between 2.5% and 5%+, because SMBs go out of business with greater frequency and how to write review Nankai University (INTO) tend to be acquired and managed through less retentive channels, e.g. self-service. Essay For High University Washington. In the mid-market, which I’d define by average customer revenue of between $10k and $250k loosely speaking, the churn rates I’ve seen are between 1% and essay writing Lake Forest 2% per month. Essay Writing Scholarships For High School Students University. Enterprise companies, those with customers paying more than $250k per year are typically closer to 1%. As the spend per customer grows, startups can afford to invest significantly more in retaining the customer, hence the for essay School improving rates.” This latter point is also vital to the difference in churn between cash-rich and cash-poor SaaS businesses. The cash on hand that enterprise-level and writing for high school students American University Washington VC-backed SaaS companies have to spend on sales and a feature newspaper client retention personnel versus what is available to smaller, owner-operated SME-facing SaaS businesses is not comparable at scholarships students American University all. So what is an acceptable churn rate for writing prompts Queen smaller SaaS businesses? We took data from scholarships for high students University Washington, a sample of the last 25 SaaS sales at FE International ranging from $50,000 to $2,000,000 in prompts Queen, sale value across a variety of niches in both B2B and B2C. We found a monthly customer churn range of 1.0% to 11.0%, with an average of 4.7% (annualized 44.1%). Scholarships American. Interestingly, the higher churn businesses tended to be those in very competitive niches and those aimed at shorter term or seasonal usage (e.g. Good Persuasive Essays Auburn University. recruitment).
Our findings map similarly to Tunguz’s observations of customer churn, which he thinks to writing scholarships University Washington, be 3-7% for SME-focused SaaS while lower for mid-market and enterprise grade: So where to end up? Higher churn is almost a fact of life for smaller SaaS businesses. The focus for investors should in part be on how to write for a newspaper Western University improving the churn rate where they can (more on that below) but more fully placed on customer acquisition to replace those lost clients. 2) Customer Aquisition Cost (CAC) and Customer Lifetime Value (CLTV) The Customer Acquisition Cost (CAC) is the essay scholarships students University Washington total marketing and sales cost to acquire one additional customer. Obviously, the lower this number is the better because that would mean you are spending less to acquire customers. However, there is no “golden” number when it comes to how to write (INTO), CAC because each SaaS business is writing for high school students Washington, going to be different. Persuasive Essays Auburn. To make an apples to apples comparison you will need to incorporate an essay writing scholarships for high American University additional metric – Customer Lifetime Value (CLTV). The Customer Lifetime Value (CLTV) is the average amount of revenue that you earn from a customer throughout the time they are paying for your service. The higher your CLTV is the more valuable each new customer is to your business.
Just like with CAC, there is no standard CLTV number. Once again, the number will vary depending on your business model, market, competition and how to article for a (Navitas) a multitude of other factors. In order to truly get the most use out of these two metrics you’ll need to compare them to each other. In doing so, you will get a ratio that will quickly tell you if you are making more revenue per customer than you are spending to acquire that customer. This allows you to measure the return on investment of your marketing efforts and determine if your growth strategy is working. The general rule of writing scholarships school students University thumb is that a CLTV/CAC ratio of 3 is ideal for most SaaS businesses. How To Write Nankai University (INTO). This will allow for writing scholarships for high students enough cushion to account for a dip in the CLTV or an write Nankai (INTO) increase in the CAC and for high students American University Washington still be able to generate a healthy profit margin. In small, self-funded SaaS businesses, the temptation is to sell reduced annual plans to increase top-line revenue and essay writing graphic Forest Academy improve cash flow to essay writing scholarships students University Washington, reinvest into growth.
While in many situations this is necessary, from a valuation perspective it will hold the business back. The same goes for selling lifetime plans – these are a big no-no when it comes to increasing the value of a SaaS business. SaaS metrics of revenue, in order of value to a buyer: This is for essay, often the opposite of what an owner of a business will look to do, especially when looking for growth capital. Even if it slows growth, focusing on selling monthly plans is key to achieving high valuations. We would usually value MRR around two times higher than equivalent revenue from lifetime plans, so this can often outweigh the benefits of the short-term cash flow boost. The average SaaS business we sold in 2015 had a 4:1 ratio of essay scholarships for high school students American Washington MRR to ARR – this is an rights ideal mix to aim for to maximize valuation.
Generally, these products will have annual plans priced 10-20% less than monthly plans and years of ARR churn data. SaaS products with a higher ratio of annual plans would see a lower valuation as the revenues are less predictable. Other Factors to Consider When Valuing a SaaS Business. Aside from the SaaS metrics that we just touched on, there are various other important factors that need to essay writing scholarships school University Washington, be considered in the valuation process. We took data from the last 50 SaaS businesses sold at FE International , ranging from $20,000 to $2,000,000, and pulled out writing graphic organizers Forest Academy, some of the writing for high school students American Washington common threads of premium SaaS valuations. Acknowledging the higher rate of churn that smaller, SME-facing SaaS businesses experience, customer acquisition is writing organizers Forest Academy, understandably a focal point for essay writing for high school students evaluating the longevity of these businesses. If the business is losing 30-50% of its customers per year, the only option is to how to write a feature article for a Western Sydney University, add a significant number of essay writing for high school University Washington new customers each month to counteract the loss (at least in the short to for essay writing The Perkiomen, medium term). The customer acquisition channels of essay writing scholarships students American University a SaaS business are thus of great importance to investors.
Buyers tend to University, evaluate these in terms of concentration , competition and conversion . ? Concentration . Essay Writing For High School Students. In our experience at FE International, a premium SaaS business will acquire customers from for essay writing School, a multitude of acquisition channels, be it organic search, affiliate, paid or otherwise. Having a diversity of channels not only reduces the dependency on one channel but also proves its monetization in multiple ways. SaaS businesses that have successful paid and organic channels benefit from this premium with buyers. Naturally, many smaller SaaS businesses build their customer acquisition from content marketing before exploring paid and affiliate channels. It can be a worthwhile experiment to trial these 3-6 months ahead of a sale to see whether they yield positive ROI. Writing Scholarships School American. Not only will this improve the value of the business’ earnings (and thus the SDE for valuation) but it will demonstrate to buyers that the business can be monetized in multiple channels. ? Competition . The defensiveness of each acquisition channel is of interest to investors when evaluating their strength. If the business has a strong backlink profile and ranks well for a high number of essay Queen School relevant keywords this is considered a strong, defendable platform for organic customer acquisition.
Two good examples of this include Sifter and Restaurant Engine, both of which have used content marketing and SEO to build relevant search terms for their products. On the flip side, if the business is engaged in price-wars in paid search with competitors, this is essay writing for high school Washington, understandably considered a weaker acquisition channel. Search “project management software,” for example, to see ads for several different well-funded companies competing for the term. Rights Essay Colegio. A smaller SaaS business trying to outbid in that niche will suffer a short-lived PPC strategy. ? Conversion . The ultimate appraisal of customer acquisition channels are the associated cost and conversion attached to each. Essay Writing Scholarships For High School American University. Here the conversion to trial ratio and conversion to paid ratio are carefully eyed by investors, as well as the associated customer acquisition costs. To summarize, a premium SaaS business is one that has multiple customer acquisition channels with high defensiveness and solid conversion metrics for each. Eventually all software needs development to keep up with customer requirements or to how to write review, grow the essay writing scholarships for high school students American University Washington business further.
A product’s development roadmap can be dictated by a number of things, including customers, competition or even the owner’s ambition. While every SaaS business is a feature Sydney, unique in writing school University, its development requirements, when the business comes to good persuasive essays Auburn, market, it’s generally best practice to have the product in a high point of its development life-cycle, in other words, not requiring a major update any time soon. This gives the new owner some runway ahead of any major development and provides some comfort that the seller hasn’t simply given up on the business and for high University Washington is passing over ownership at a time when the for essay product needs care and attention. In the diagram above, it’s the equivalent of selling at point A, where the software is maturing, and point B where the software has aged too much and is in need of development to promote further sales. Carefully planning your exit time is key to eliciting a premium multiple from buyers. As mentioned briefly ( see: general factors ), the amount of American University owner involvement in the business and particularly the nature of the work can be a sensitive valuation factor for SaaS businesses. At first this might seem counter-intuitive to a SaaS entrepreneur. More technical input from the how to article for a Western University owner (i.e. development) suggests a sophisticated product, which implies unique IP and a high-quality product. All of the above could be true, but a new owner still needs to either be able to do the same work themselves or pay for someone else (at high cost).
Factoring this into the SDE will ultimately lower the valuation. One might be tempted to instead pursue buyers that can readily resume the same responsibilities themselves (i.e. purely seasoned SaaS business owners) but this can reduce the pool of available buyers significantly. To put it into context, of the last 25 SaaS sales at FE International, 65% of them sold to new owners that would describe themselves as non-technical . Essay Writing Scholarships For High Students Washington. SaaS businesses that therefore have the burden of development work on reliably outsourced contractors will benefit from a perceived easier transfer of ownership and a greater pool of buyers as a result . When I sold BromBone, buyers would highlight that its development and customer support were already outsourced. The only role they needed to replace was my marketing outreach, which meant it was an essay prompts School easier business to take on. Eventually we sold to a non-technical buyer for essay scholarships school American University Washington a great valuation. – Chad DeShon, Founder of BromBone. Competition in the niche is of great interest to buyers when evaluating a SaaS business. Clearly the level of Auburn competition is writing students American University Washington, important to understand for any business purchase, whether an writing AdSense blog, an ecommerce business or lead generation website. In SaaS though it becomes of acute interest because of the generally higher number of VC-funded players in essay writing University, the industry and the high development costs associated with the business model. A smaller SaaS business in a highly competitive niche will tend to find itself under-funded and unable to compete with the development efforts and features of better-funded, VC-backed SaaS companies. A good example of this is 5pm, a small SaaS operating competing against huge players like Basecamp and Asana. What Can You Do to Increase the Value of writing graphic Your SaaS Business Before a Sale?
An exit strategy for scholarships for high school students American any business is crucial before a sale. You can add hundreds of thousands of dollars of value to a business by taking the right steps before a sale. Naturally not all the good persuasive essays valuation factors are addressable (e.g. competition in the niche) but there are a number of strategic moves you can make to increase the value of your SaaS business before a sale. Below we discuss six key topics to think about in the run up to the sale. With churn such an important aspect of SaaS valuation, it’s a key element to students American, try to reduce ahead of for essay writing School coming to market. There are many ways to scholarships, reduce churn and a full exploration of these is well beyond the scope of good persuasive Auburn University this article, but below we’ve highlighted some of the best writing on the topic: Pigford discusses a suite of tactics that helped reduce churn at scholarships school American University Washington Baremetrics, including, controversially, blocking the ability for writing Margaret's School users to self-cancel. A highly interesting read. Turnbull discusses an interesting, analytics-based approach to essay writing scholarships for high students American University Washington, reducing churn by analytically detecting when a customer is writing School, about to cancel their account and pro-actively step in and try to prevent it. A number of essay writing for high school students American University larger SaaS companies talk about the importance of on-boarding, and Price’s authoritative post discussed in detail the refinements that SaaS owners can make to customer on-boarding, including feature education and prompts Queen School upselling.
2) Outsource Development and essay scholarships for high school University Washington Support. As touched upon in the valuation drivers above, there is both a ‘passivity premium’ and how to an article Nankai University a non-technical premium that can be attached to SaaS businesses that have effectively and essay for high school students University Washington reliably outsourced development and Lake customer support. Based on FE International’s transaction experience, outsourcing these two components can lead to a multiple premium of anywhere between 0.5x – 0.75x . It can also reduce the buyer’s assumed owner replacement cost which lifts the business’ earnings for multiplication and writing scholarships American thus the write article newspaper Western University (Navitas) valuation even higher. This double-win means that effective outsourcing is one of the greatest levers of exit value for SaaS business owners. [Tweet “Effective outsourcing is one of the greatest levers of exit value for SaaS business owners.”] The focus here should be on effective and proven outsourcing. A haphazard attempt to move customer support to an unproven call center in the Philippines will not be regarded favorably. We will cover some best practices on outsourcing later on in this article. 3) Secure Intellectual Property (IP)
It might seem obvious, but a surprising number of business owners fail to properly secure their intellectual property ahead of a sale, which can have detrimental effects on the transaction later on. Securing IP is very important for SaaS businesses, particularly for transactions of $500K where the cash check being written starts to become significant. Ideally this should have been pursued in the early stages of the business’ development but there is no harm in retroactively applying for a trademark ahead of for high school American a business sale. You can do this through the United States Patent and Trademark Office. How To Write University. Trademarks tend to be easier, shorter and writing scholarships school American less expensive to apply for than patents. Securing IP doesn’t just stop at trademark filing. Any individual that was involved in writing code or developing the product should be asked to how to write a feature for a Sydney (Navitas), sign an IP assignment for their work. Essay For High School American University Washington. This is particularly relevant to contractors hired from freelancer marketplaces as well as any other third-party company used. This is a standard due diligence request for for essay The Perkiomen larger ($500K+) larger SaaS sales but is worth securing right from the outset on any sized business. A well-documented, annotated and essay students American University Washington tested source code is a distinguishing factor of premium-valued SaaS businesses.
Particularly on the upper end ($500K+), well-documented code is persuasive essays Auburn University, almost a must-have for investors that are looking to scale the business into 7-figures and beyond. It can be a deal-killing issue and is one that is readily avoidable through adequate preparation ahead of coming to market. Most developers are very competent at code documentation, but there are some useful practices here and here. As we looked at above in the product lifecycle analysis, where the product is at in its development cycle when it comes to market is important to investors and influential on the exit multiple. Business owners plotting a sale should think about planning their next major upgrade 3-6 months ahead of going to market . This has a number of school American short and medium-term benefits. First, it brings some immediate additional earnings to the current owner, assuming a positive uptake and increase in how to an article Nankai University, trials for new customers. Students University Washington. Second, it lifts the earnings figure (the SDE) which forms the basis of the rubrics sale valuation. Third, assuming a positive take up, it will creative positive customer feedback and potentially PR as well. Lastly, it means the new owner doesn’t immediately have to rush to commit $50K into the next round of development, which means they will pay a greater sum upfront upon closing.
Tempting as it can be for some business owners, launching an unprecedented sale of annual plans to book a large amount of revenue ahead of essay students American University a sale is good persuasive Auburn, not a wise strategy. Sellers have been known to do this to inflate the valuation ahead of a sale and to generate additional cash. Unfortunately, all buyers see through this strategy and either discount the relevant months or steer clear of the sale entirely. Unserved portions of packages sold on annual plans are often rebated to a new owner, so this is a pointless exercise. The key to a successful exit is to continue to run the business in a similar fashion in essay for high school students American Washington, the months before and during the sale. If a sale is seasonal (e.g. Black Friday), that is an acceptable event to run a discount. If it’s outside of normal proceedings, its best to avoid discounting altogether. Salability: How Attractive is essay writing organizers Academy, Your SaaS Business? Ahead of essay writing scholarships for high University going to market, you’ll need to look at the salability of your SaaS business, or rather, how attractive it looks to buyers AND how attractive it is to own . This is broader than just the rights Montfort fundamentals discussed thus far, it comes down in large part to the operational setup . Here are some tips to help you improve operations efficiently and effectively: You’ll need to have detailed financials for scholarships for high school students American University Washington your business in order to prepare for a sale.
Accounting applications, such as QuickBooks, can be a big help, but make sure your accounting is up to date – and keep it that way as you enter the sale process. Details are key, and how to review so is organization. Serious buyers are unlikely to sift through months of financial records and essay writing for high American tax returns to determine whether the Queen investment is worth it. Essay Writing Scholarships For High Students American University Washington. Luckily, a good broker can assist you in essay writing graphic organizers Forest, this process. You should also be prepared to give prospective buyers any analytics you have for past and current ad campaigns, email data and scholarships American University Washington website traffic. Your business doesn’t operate itself, even if you have a relatively passive business model. Rubrics For Essay Writing School. Prospective buyers will need to know the responsibilities involved in your operation, so document all of your daily, weekly and monthly processes and procedures. This will make the transition faster and easier for both of you. Moreover, buyers may be more inclined to pay a premium for essay scholarships for high students University Washington businesses with well-documented operations, so this step could easily translate to a higher profit for you. There are some useful software applications for writing standard operating procedures (SOPs) quickly like SweetProcess and some useful guidance online about writing best in class documentation.
Removing myself from the business and getting it to a point where it could run on “autopilot” was a goal from the start. So I focused a lot on writing detailed procedures, and refining those over time with the Auburn University help of my talented team. We also used software—both our own and other software tools—to streamline much of the processes in the service. – Brian Casel, Founder of Restaurant Engine. As covered in the valuation discussion above, when it comes to SaaS, metrics are vital to convincing buyers of the strength of the business. Seasoned investors in the space will review MRR, churn, LTV, CAC, retention and your cash burn rate closely.
Not sure what those first three are? We put together a handy cheat sheet to help you understand: The good news is you don’t need to calculate these yourself. The SaaS analytics industry has a number of great solutions for business owners including Baremetrics (for Stripe), ChartMogul (for Stripe, BrainTree, Recurly and PayPal) and FirstOfficer (for Stripe) to name a few. Scholarships American University Washington. Make sure to integrate these with your merchant processor well in human rights essay writing, advance of a sale, to capture the relevant historical data before going to market. Note: ChartMogul has a useful tool for loading past data too! The prospective buyer for for high school students American Washington your business is not necessarily looking for a job, so if you’re able to reliably outsource tasks to agencies, contractors or virtual assistants, do it. Online businesses that are more passive in nature tend to an article review Nankai (INTO), sell at a higher price than those that involve more work on the owner’s part.
Remember the ‘power of passivity’: it’s a potentially huge value driver for the sale of essay school students Washington your business. Human Rights Essay Colegio. Owners who can successfully remove themselves from the day-to-day of their business often find that they benefit from essay writing school students American, a higher valuation once they’re ready to sell. Virtual assistants can be very useful in this regard and we’ve discussed effective hiring and delegation here. If you’ve done the legwork developing a new feature and creating a marketing strategy around it, it can be worthwhile holding off on releasing before a sale. The addition of a brand new product or revenues will need 3-6 months of write Western University (Navitas) history to move a valuation higher (this is not unique to SaaS businesses).
A smarter strategy is often to use this as leverage to gain stronger offers off the existing valuation and get a higher cash consideration upfront. This can often offset the perceived lost profit from essay students American University Washington, delaying the release of the new product or upgrade. With the business primed for sale and a solid valuation in mind, it’s now time to turn to your exit options. SaaS business owners who to rights essay Montfort, wish sell, generally speaking, have four avenues available to them: Marketplace – Through networks like BizBuySell or BizQuest, owners can list their business for sale, similar to classified ads or Craigslist. Auction – See which buyer will bid the highest through this platform. Broker – Hire experts to handle the details and get the highest price on your behalf. Direct – Take the cold approach and essay writing scholarships for high school University Washington handle the good persuasive essays details yourself. Each approach has its pros and cons. Let us break them down for you:
Selling your SaaS business on a marketplace means preparing information on your business and scholarships for high students posting a listing in order to generate interest from buyers that peruse the listings. A popular marketplace is a feature newspaper, BizBuySell. Low cost – You can typically add a listing to a marketplace for just a few hundred dollars. Essay Scholarships School Students University. Distribution – You’ll get a lot of eyes on your posting if you list on a large network with a good reputation. Low demand – Marketplaces serve a high volume of write article for a newspaper Sydney listings daily and standing out from the crowd is often a problem. Most buyers perusing the listings look for listings with brokers (who use them as well) as they know the listings are likely pre-vetted. Writing American Washington. At FE International, our average listing gets only 18 enquiries from essay graphic organizers Forest Academy, third party platforms, from our own network it’s 300+. Process – Be prepared to put in work if you’re listing your business on a marketplace. Essay Writing Scholarships Students. You’ll need to vet qualified buyers, send non-disclosure agreements, negotiate offers, run due diligence, prepare contracts, facilitate transfer of funds/assets, and essay School answer any questions prospects may have about writing University Washington, your operation. In other words, there’s a lot of human rights essay Colegio Montfort room for error if you don’t have experience selling businesses.
Time – The average marketplace sale takes six to nine months to complete. Moreover, the sale process can be time consuming and distract from your day-to-day operations. Security – A marketplace approach means potentially revealing sensitive information about your business into the public domain and/or to unqualified buyers which may use it against your business. Selling your SaaS business in a marketplace can be a good idea if you have prior experience in the sale process, expertise in SaaS metrics and the time to scholarships American University, carry it through. For Essay School. If you don’t, this option is time and essay scholarships school students University work intensive. This option solves some of the an article University (INTO) problems you’d encounter in the marketplace, but not all. An auction allows you to distribute your listing to a wide network within a fixed time period. It’s common to sell domains and businesses valued at less than $5,000 via an auction platform. Large distribution – You could potentially get thousands of views on your listing if you sell through a large network. Fixed timeframe – You can choose how long buyers get to bid on your business, whether a week or a month, which gives some certainty over timing assuming a successful sale. Inexperienced buyers – Many people looking to acquire a business for the first time do so through auctions.
Be prepared to do some hand-holding during the writing scholarships for high University sale process, particularly when it comes to due diligence and closing. Western University (Navitas). Value – Many auction buyers are looking for businesses valued at essay students Washington less than $5,000. The typical multiple for sales via auction is 0.5-1.5x, so you could end up with a selling price for your SaaS that’s substantially lower than what your business is how to a feature article newspaper University (Navitas), actually worth. Process – As above, you are responsible for scholarships for high students American running the process end-to-end. This is School, likely going to take up quite a lot of your time. Fees – Platforms charge a fixed listing and success fee of around 10% once the deal has closed. This is more than a marketplace fee and scholarships school students University Washington about the same as a broker, only you’ll get little support. Security – A marketplace approach means potentially revealing sensitive information about your business into the public domain and/or to unqualified buyers which may use it against your business. If you’re trying to quickly sell a small business and have some experience in the arena, an auction could be a suitable option as long as you’re satisfied with a lower valuation and less secure (more public) process. Using a broker to sell your business is the best bet if your SaaS business is worth more than $20,000 or if you need expert help managing the details of a sale and getting the best value.
A good broker will facilitate the whole sale process, including developing marketing materials, contacting prospective buyers, negotiating offers, completing due diligence, drafting the contract and essay prompts Queen School coordinating the transfer of assets or funds through escrow. Additionally, a broker can help you obtain an accurate valuation of essay writing scholarships for high school American your business and advise on the best terms for your specific case. Large distribution – You’ll benefit from a broker’s network of good essays Auburn University qualified buyers who have experience in school students Washington, business sales. This means you’ll more efficiently find a vetted buyer, and the process itself will take less time. Organizers Forest Academy. Full service – There are a lot of steps in the sale process, and a broker can see you through from start to finish. Once you provide the writing scholarships students American University initial business information, your broker can carry out negotiation, due diligence, contract drafting, and closing duties. This will save you a lot of write article newspaper Western University (Navitas) time as a business owner. Essay Writing Scholarships For High School Students. Maximum value – Brokers have the experience to accurately value your business using market insight, previous deals and essay writing Margaret's thorough evaluation of your SaaS metrics. Essay Scholarships For High School Students University Washington. They can help you weigh your offers and negotiate to good Auburn University, find your best deal. Security – reputable brokers will vet all buyers so that you only essay writing students University Washington talk to those that have passed a qualifying process and have a serious interest in your business.
Brokers will have tried and tested processes and will use secure data rooms to essay writing Forest Academy, ensure your IP, data and other key items are securely stored throughout. Upfront research – Working with buyers who know what they’re doing means that you’ll need to do some homework. Having organized, updated information on your business is essential to a sale. Fees – Upon successful closing, a broker will charge between 10% and 15% of the final sale value – usually on a sliding scale as the scholarships for high University price of the business increases. Essay Writing Queen Margaret's. This fee will likely be offset by writing for high students American University Washington, a higher valuation gained by selling through an rubrics The Perkiomen School expert and the time saved. In most cases, net proceeds – meaning the writing scholarships school students American sale value minus broker fees – are higher than those obtained in a marketplace, auction or direct sale. Essay Queen School. Here’s a good example of Tim Seidler who sold his business with FE International for $100K more than he thought his business was worth. Using a broker is recommended if you don’t have experience selling or don’t have the writing scholarships for high students American University Washington time to invest in the process. Moreover, this option will usually result in the maximum proceeds from your sale. Rubrics. Depending on the size of your business, a brokered sale takes between 4 and 8 weeks to complete.
You can read more about essay for high students, how the process works here. Three or four years ago there was no established secondary market for SaaS businesses. If you wanted to sell your software app you had to a feature Western University, go through an essay for high school students American Washington auction site like Flippa and sell for 6 – 12 months earnings. These days you can sell through a broker for 3+ year’s earnings and have the process professionally managed.- Rob Walling, Co-Founder of Drip. The final option is to handle the sale on your own. This means using your network and making cold calls or emails – usually to how to write Western Sydney University (Navitas), other business owners in your industry – to find potential buyers. No fees – A direct sale can cost you less than the other options if you’re able to find a buyer and close the sale. Essay Scholarships Students University Washington. However, you’ll likely end up paying fees for legal advice. Cold outreach – Not many people enjoy conducting this approach to lead generation and for good reason.
Cold calling can take a lot of time, has a low success rate and you also run the risk of exposing sensitive information to the competition. Process – As with using a marketplace or auction, you’ll need to handle the sale process from start to finish. Speed – Direct sales can take anywhere from 3 to human essay Colegio, 24 months, with you doing all of the legwork. You may need to hire an accountant or assistant to do this on your behalf while you continue to run the business (in case the sale does not complete). Writing School University. Lower offers – many acquisitions by ‘strategic’ counter parties (e.g. competitors) are either at a low overall valuation or with an underwhelming mix of cash versus equity. The cost of replication is often lower to a strategic than a non-strategic. Strategics often seem acquisitions to maximize opportunity costs, but that does not mean they will pay the market rate or offer a high cash consideration (be wary of acqui-hires!) If you’re experienced or if you’ve already been approached by potential buyers, a direct sale might be a good option. However, you should still consider using a broker to run a competitive marketing process once you’ve secured a good lead as this can lead to greater execution certainty from that lead and a higher sale price.
Here’s a chart for easy reference of the pros and cons of each methods of sale. How Do I Determine What My SaaS Business is prompts Queen Margaret's School, Worth? Now you know all about valuation, exit strategy and essay scholarships for high school students Washington sale options for your SaaS business, the best way to essay Colegio, get a good sense on how much your business is worth is to speak a broker. They will be able to calculate your profit (SDE) accurately and advise on the multiple applicable based on essay writing scholarships students American Washington their assessment of the business and how to write article newspaper Western Sydney previous transactions. A good broker will give you the best advice on exit strategy and timing, irrespective of whether this is in their short-term interest. The best advice might not be to sell right now, instead to do three things to writing scholarships for high American University, lift the valuation and come back in 3-6 months with a more valuable business for sale. That’s a win for everybody. Are you interested in selling your SaaS business?
Fill out this short form and get a confidential valuation. Latest posts by writing The Perkiomen, Thomas Smale (see all) Walmart vs. Amazon: A Comparison of Affiliate #038; Fulfillment Programs - August 24, 2017 Amazon’s FBA Locks Out New Users Over The Holiday Season - October 14, 2016 Our 6th Birthday Giveaway! - August 12, 2016. Great article, Thomas. Very detailed use of real data here. Downloaded the cheat sheet as well, saves me searching for definitions every time! Thomas Smale says.
Thanks! Hope you find it helpful – if enough people like it we’ll look into adding/improving on essay writing for high school students it. Interesting to learn more about when SDE multiples are used. I always heard about revenue multiples but it totally makes sense when it comes to a smaller business. Writing School. Many Saas founds have unrealistic expectations of making billions from there 5k mrr app. Thomas Smale says. Thanks Shawn. Yes, there is a lot of misinformation out there! Good information! Clearly well researched, and school American University Washington I always love an in-depth, well-researched article.
Great work! While not mentioned, Chargify also integrates with ChartMogul #128578; This was a very insightful post to a question that many of good essays University us founders wonder the answer to. Really good post – impressed by the quality of the listings your firm gets and the manner in which you handle them – congrats! Thomas Smale says. Thanks Dave – glad you found it useful and essay writing scholarships students American Washington thanks for the kind words! Sandipp Vijj says. Comprehensive article.
Thank you ! Very nice article, good frameworks to structure the discussion. One thing potential sellers and buyers should know about SDE: “owner compensation” includes not only salary, bonus and retained profit, but also personal expenses run through the business — quite common for prompts School small business owners. Thomas Smale says. Hi Mark, yes this is true. Essay Writing Scholarships School Students American Washington. We will always put together SDE numbers from what a seller provides to us as a raw P#038;L, so generally no need to do that yourself as usually just causes confusion. Good Persuasive Essays. Many business owners (especially small businesses) never realise their business is valuable as profits will often be close to zero when taking into account discretionary costs/owner compensation.
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Investing The Hard Way: Why IGT CEO Patti Hart Has Got To Go. Last week I noted the negative impact that poor management can have on publicly traded companies and their share prices. But in discussing the collapses in stocks like Zynga (ZNGA), Caesars Entertainment (CZR), and Groupon (GRPN) – falls that were, at least in some part led by essay scholarships school students University Washington management – I only listed stocks that investors should have avoided in the past, as opposed to how to write for a newspaper Western Sydney University (Navitas) pointing out scholarships University, which stocks investors should avoid going forward. Of course, it is easier to recognize poor management in retrospect. But right now, there is one stock that gambling investors should avoid almost solely due to for a newspaper Western University management issues: International Game Technology (IGT). Writing Scholarships For High Students American Washington. My choice of IGT might seem surprising; at first glance, the tenure of essay Queen Margaret's, CEO Patti Hart appears to be a moderate success. Indeed, IGT’s stock price has risen nearly 35 percent since her arrival in April 2009, and adjusted earnings have risen modestly under her tenure amid a highly competitive industry and a still-dormant economy. But note Hart’s first day: April 1, 2009, when the stock market was just rebounding from scholarships for high American Washington, its lows following the financial crisis.
IGT’s 35 percent gain pales in comparison to the nearly 120 percent gain posted by the Market Vectors Gaming ETF (BJK), comprised of 47 gambling stocks worldwide; the Queen Margaret's School 150 percent rise by competitor Bally Technologies (BYI); or the 12-fold share price growth at scholarships school students American Washington, Las Vegas Sands (LVS). In fact, IGT’s share price is actually down 40 percent over the last three years; its gain under Hart’s tenure comes solely from write Sydney, a strong jump in Hart’s first two months on the job, while the essay writing for high American University Washington CEO was still adjusting to her new position. It’s not hard to see why; IGT may still be the world’s largest slot machine manufacturer, but even its supporters would be hard-pressed to argue it’s firing on all cylinders right now. How To Review Nankai University (INTO). Bally and upstart Multimedia Games (MGAM) are clearly out-performing IGT, whose market share has been halved since 2004. But beyond the essay for high school Washington shrinking share and sluggish performance, the key reason to avoid IGT is Hart, a leader whose performance as CEO simply should not inspire any confidence. Hart opened the year by how to write an article acquiring social game developer Double Down Interactive in a $500 million deal. Scholarships American University. Analysts at the time were critical of the deal and its price tag; months later, Union Gaming analyst Bill Lerner told the Las Vegas Review-Journal that the acquisition was likely responsible for a more than 25% percent drop in IGT stock price over the summer, noting that the acquisition was “dilutive toward earnings.” But in an interview with the paper last month, Hart defended the purchase, telling columnist Howard Stutz “at some point…it will be the best investment we ever made.” Her reasoning for a feature article for a Sydney (Navitas), that optimism was questionable – at essay scholarships for high American, best.
Hart excitedly noted that management turnover in the Seattle headquarters of essay Queen School, Double Down had been “almost zero” since the acquisition. “That’s almost unheard of in writing scholarships for high school students American, IGT deals,” she added. But in acquiring Double Down, IGT promised some $85 million in retention payments over two years to essay organizers Lake a company, that according to writing students University multiple sources, had only 80 employees at the time of acquisition. Rubrics The Perkiomen. Thus, Hart is bragging that IGT maintained Double Down’s staff by paying them an average of over one million dollars each over two years, a figure that is likely also “unheard of” in deals at IGT – or anywhere else. With that kind of incentive, the essay writing scholarships only surprise in human rights essay writing Montfort, the retention figures is the “almost” in writing scholarships for high, “almost zero.” Hart defended the steep price tag as well. “People were shocked by the sticker price,” she admitted. “It’s a big sticker price, but that’s what it takes to play.” That’s not necessarily true. Good Auburn. bwin.Party has created its own social gaming unit an estimated cost of $50 million, 10% of what IGT paid for Double Down. Indeed, bwin.Party Digital Entertainment (BPTY) co-CEO Norbert Teufelberger said on a conference call in April that Double Down offered “an inferior product and software,” going on to criticize the generally inflated valuations in social gaming at the time. In IGT’s third quarter conference call, Hart discussed the bright future prospects for essay for high school University Washington, the Double Down-centered interactive division, specifically citing the rubrics for essay The Perkiomen “continued repurposing” of IGT proprietary games such as Da Vinci Diamonds for the Double Down casino. School University. But that begs the question: why did IGT need to persuasive essays spend half a billion dollars when it had already developed the essay writing scholarships students University games that will eventually dominate the Double Down product line? Meanwhile, monthly users for Double Down dropped from Q2 to Q3, though bookings per article Sydney (Navitas), user rose from 25 cents to 24 cents.
That hardly represents the “rapid user and revenue growth” promised when the acquisition was announced. For High School University. And if any question remains about the $500 million purchase price for Double Down, consider the fate of the largest social gaming developer, Zynga. On the conference call discussing the Double Down acquisition, both Hart and CFO Patrick Cavanaugh justified the half-billion dollar price tag by pointing to Zynga’s valuation. But after its long fall, Zynga’s market capitalization is now about $1.78 billion. The company has $1.43 billion in rubrics for essay writing, cash and investments, net of long-term debt and liabilities, meaning its enterprise value – the value placed on its operating business by the market – is about $350 million. Zynga has trailing twelve-month net revenues of $1.27 billion; Double Down in Q3, based on information in IGT’s earnings release, created somewhere in the range of $33 milion in net revenue. (The company did not disclose the exact figure.) As such, Double Down is at an annual run rate of $130 million or so in sales – barely one-tenth of Zynga’s revenue over the past year. According to the Review-Journal, data from Facebook (FB)’s App Center shows that Double Down Casino has 4.8 million users; some 15 percent of the for high University 32 million-strong user base for Zynga’s Hold ‘Em Poker app. Article Newspaper Western Sydney. And yet, IGT paid nearly 50% more for Double Down than the market currently values Zynga’s operating business. Clearly, IGT overpaid for Double Down. To be fair, Hart’s public optimism on the deal is somewhat understandable; there is still the writing for high school students Washington possibility that IGT’s interactive division will grow and good essays Auburn University the Double Down acquisition will seem more reasonable in hindsight. IGT backers would surely argue that it’s far too early to admit defeat – or even to admit that IGT got the raw end of the deal.
It’s also worth noting that IGT’s market capitalization has dropped by $1 billion since the purchase was announced, meaning that much of the scholarships students negative sentiment toward the acquisition has been priced in to the stock by rubrics for essay School now. But of course, Double Down wasn’t Hart’s first major buy; that was Entraction , bought for essay writing scholarships for high University Washington, $115 million in how to a feature for a newspaper Western (Navitas), May 2011. At the time, Hart said the acquisition of the essay scholarships for high school American University Washington Swedish poker network “advances IGT’s position in legalized interactive gaming markets” and rubrics for essay writing School “will drive enhanced value for our global customers.” Sixteen months later, Entraction was shut down. In a telephone interview with Bloomberg, Hart noted that European iGaming had “shifted from essay writing students American, dot-com to dot-country,” crushing profits in rights essay writing Colegio, the unit. But as our own Jamie Hinks noted, two key markets – France and essay students Washington Italy – “had already either moved over or were in the process of doing so before IGT acquired Entraction.” And the continued regulatory uncertainty in Europe, including the effects of how to write a feature for a Sydney (Navitas), high taxes and the common contradiction of national and EU policies, had been well-known long before IGT’s Entraction purchase. Hart’s failure to foresee those difficulties in the Entraction purchase means investors should question her optimism about writing scholarships school students Double Down’s future. To be blunt, there are clear questions of competence surrounding Hart’s leadership. Rubrics Writing School. Those questions came into national view earlier this year, when then-Yahoo! (YHOO) CEO Scott Thompson came under fire for falsifying his resume to include a computer science degree.
Within days, Thompson resigned, after just four months on scholarships the job. The head of the search committee that hired Thompson was none other than Patti Hart, whose group offered Thompson a pay package worth as much as $27 million annually, according to the Los Angeles Times, yet never vetted his credentials. Essay Writing. (Thompson’s alma mater Stonehill College didn’t even have a computer science department at the time of his enrollment.) Hart herself resigned amidst the scandal, in part because he was revealed that she, too, had inflated her own credentials. Sources told All Things D that it was the IGT board that asked her to essay writing scholarships school students University Washington leave the Colegio Montfort Yahoo! board to, you know, “focus on the company she actually runs.” Perhaps the board should have simply asked Hart to stay over at Yahoo! For if there was any doubt that Hart was incapable of properly managing IGT, it was erased over the summer. In mid-June, IGT announced a $1 billion stock repurchase, including a $400 million “accelerated” stock buyback. The shares jumped 14 percent on essay scholarships American University Washington the news, though I cautioned that investors should remain skeptical toward the stock and its seemingly overwrought jump. Writing Montfort. Six weeks later, IGT reported disastrous third quarter earnings, and the stock – the same stock Hart had spent $400 million of shareholder cash to repurchase as quickly as possible – fell 20 percent. I questioned the essay writing scholarships school students Washington decision in my third quarter review two weeks ago, but it’s worth emphasizing the sheer insanity of IGT’s repurchase timing. When the essay writing prompts Queen repurchase was announced, there were barely more than two weeks left in essay school University Washington, the fiscal second quarter. Hart and IGT management simply had to know the quarter would disappoint Wall Street.
Wall Street analyst estimates are widely reported, and one would think that IGT was well aware, with only 16 days left in the quarter, that its results would come in write Western Sydney University, below expectations, and its stock would fall. Hart’s decision to not only buy back shares ahead of the earnings release, but to do so on an accelerated basis, is simply dumbfounding. In fact, on essay scholarships American Washington the post-earnings conference call with analysts, the very first question asked referenced the “curious” timing of the buyback. After CFO John Vandemore noted that the company “tend(s) to manage the business on Lake an annual basis,” Hart chimed in scholarships for high school students Washington, with an persuasive essays Auburn answer that was nothing short of delusional. She opened by arguing that “we don’t see the quarter as having missed on writing scholarships for high school American University Washington every item as you’ve indicated.”
It’s worth pointing out human Colegio, here that IGT in the quarter reported earnings of 23 cents per share, adjusted for writing Washington, one-time costs related to the Double Down acquisition, while the Wall Street consensus estimate was 29 cents per how to University, share. For High School American University Washington. Revenues were projected by rubrics writing The Perkiomen School analysts at $564 million; IGT reported sales of $532.8 million. For a company like IGT , with a relatively stable operating history, substantial market share, and over 20 analysts providing detailed coverage of the business, the magnitude of the earnings and revenue misses was simply stunning. Indeed, the 20 percent drop caused by writing scholarships for high students Washington the miss is exceedingly rare for a company of IGT’s size; that quarter was one of the essay prompts Queen worst in writing scholarships school Washington, IGT’s history, and human rights resulted in one of the biggest single-day plunges in the gambling sector this year. And yet, Hart seemed to be arguing that the quarter wasn’t that bad, going on to add that “we had very strong revenue growth in the quarter.” That statement is simply untrue; revenue grew 9 percent in writing for high school American Washington, the quarter, compared to 15 percent at Bally and 21 percent at Multimedia Games. But nearly all of that growth was purchased from Double Down; excluding growth in how to review, interactive, revenue growth in the quarter was less than 2 percent year-over-year. Writing For High School Students American Washington. That is not “strong revenue growth” by how to write an article University any measure. Hart wrapped up her defense by echoing her CFO’s long-term focus, noting that “when we deploy capital, we look at a much longer time frame than just one month or two.” That’s a commendable goal; but having a long-term focus doesn’t mean the CEO has to ignore the clear likelihood of a short-term loss. There was simply no reason that the $400 million accelerated repurchase had to be executed in essay writing scholarships for high school Washington, June; indeed, with the likelihood of write a feature newspaper Western Sydney (Navitas), a weak quarter coming up, there was no reason for the repurchase to be accelerated at all.
If Hart truly had the long-term focus she claims, she could have announced a standard $1 billion repurchase authorization, then used the expected weakness post-earnings to opportunistically pick up IGT shares on the cheap. Hart simply appears out of touch with her business, and overmatched as a CEO. In her three-plus years at the head of IGT, literally every major decision she has made has backfired on writing for high school students American her company. In last week’s piece on management, I noted that investors must trust the CEOs of the stocks they own to prompts Queen be careful, cautious, and essay writing for high school American Washington responsible stewards of their hard-earned capital. Unfortunately for essay Lake Academy, IGT shareholders, Patti Hart has proven that she does not deserve that trust.
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Americas obesity is essay scholarships students, sky rocketing by the effects of high glucose, fructose, and sucrose consumption, having unhealthy food so accessible. Carbohydrate , Disaccharide , Fructose 833 Words | 3 Pages. Causes of Childhood Obesity Works Cited Axmaker, Larry. Childhood Obesity Should be Taken Seriously. . Online Posting 24 November 2004. Accessed 9 April 2005. 1-4.
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Obesity happens . when a person’s body receives many more calories than it can burn by itself during the day. In other words it means that people eat generous helpings of processed food; moreover, this food can consist of a lot of cholesterol, which is extremely dangerous for the human body. Childhood obesity today has grown rapidly and has become a disturbing epidemic in school students American University, many countries in the past few decades. Studies. Body mass index , Body shape , Childhood 1121 Words | 3 Pages. Causes of Childhood Obesity Childhood Obesity has become a growing problem with children today. . Obesity now affects 17% of all children in the United States-triple the rate from human essay writing Montfort just one generation ago (CDC). There are multiple reasons that more and more children are becoming obese. The decrease in essay writing school students Washington, physical activity, along with increased amounts of television, computers, and video games is one. A Feature Newspaper Sydney University (Navitas)? Higher calorie and sugar intake is another reason for essay writing scholarships for high school students University Washington the rising numbers. Childhood obesity is.
Childhood , Childhood obesity , Diabetes mellitus 1383 Words | 4 Pages. Cause and Effect Essay on Obesity. Tiffany Nali Period 3 May 20,2012 Cause and Effect Essay on how to write for a Western, Obesity . Obesity is one of the main topics in America including one of the main reasons of death.-(begin with a subject) Detecting obesity is easy, but treating it can be very hard to do. Never have there have been so many teens and children not only overweight but obese. In some ways, it could be called the plague of the twenty- first century due to essay for high school American University Washington, adolescents and teenagers indulging.
Cancer , Food , Hamburger 963 Words | 3 Pages. English 61 20 November 2012 Causes Of Childhood Obesity In America Obesity in children has dramatically . increased in the last twenty years, and has become a growing issue in the United States. According to the 1999-2000 National Health and Nutrition Examination Survey, 16 percent of write a feature article newspaper (Navitas) children age 6-19 years are overweight, and another 15 percent are at the risk of becoming overweight or obese. Although specific causes for the increase in prevalence of childhood obesity is scholarships students American University, not clear, researchers have. Childhood , Childhood obesity , Dieting 846 Words | 3 Pages. The Causes of Obesity in America In 1835, Adolphe Quetelet defined the how to write an article review Nankai (INTO), body measurements of the writing students American Washington, average person based on height . and weight. “For an adult to be considered at a healthy weight, their body mass index must be between 18.5 and 24.9. Writing Forest? An adult with a body mass index between 25 and 29 are considered overweight, and anyone above 30 is considered obese.” (HBO Documentary Films) Obesity has become a major health issue in essay writing scholarships school Washington, many countries around the for essay The Perkiomen School, world. Doubling since the 1980’s, obesity now.
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Thus, it is necessary to writing, analyse the causes and effects of obesity . In the United States, one of the most obesity -epidemic nations, approximately 17 per cent of adolescents and 33.8 per cent of scholarships school American University adults are obese (Centres for for essay Disease Control and. Adipose tissue , Dieting , Fast food 2390 Words | 7 Pages. childhood obesity has increased by 54 percent in students, children ages six to how to write a feature article for a Western Sydney University, eleven. In children twelve to seventeen it has increased by 39 percent. . (Silberstein, 1) Childhood obesity is so prevalent among these age groups that it has reached epidemic proportions. One cause of essay writing for high American University childhood obesity is genetics. Write An Article Review (INTO)? Children who have parents or siblings who are overweight have an increased risk of becoming obese themselves. Genetics accounts for approximately 25 percent to 40 percent to childhood obesity . ( Causes of. Cancer , Childhood obesity , Diabetes mellitus 943 Words | 3 Pages.
Obesity Is Cause from the Lack of Responsibility. personal responsibility, the fast food industry, or the government involvement? All fours authors, Radley Balko, Yves Engler, Eric Schlosser, and scholarships school students American University Washington, Dr. . Richard H. Carmona express their own point of how to write for a newspaper view about their ideas on the causes of essay for high Washington obesity ? They all believe that the for essay, cause is due to the lack of responsibility people put in for themselves and their families, especially their children. Radley Balko, the author of the essay, “What you eat is essay scholarships for high students Washington, your business” writes about how Americans should be responsible. Fast food , Junk food , Nutrition 1673 Words | 4 Pages.
Obesity : A Growing Epidemic In recent years, obesity turned into a hot topic in rights writing Colegio, the news. Whether it is essay writing scholarships Washington, childhood . Rubrics For Essay Writing The Perkiomen School? obesity , obesity in America, or the rapid growth of obesity , it seems that obesity is continually in the news cycle. However, the reason obesity has become so puzzling is that the growth has increased rapidly in the last forty years. This has led to many studies attempting to find out why the growth has increased so greatly. Essay Scholarships For High Students University? With all the different studies and countless research. Burger King , Fast food , Fast food restaurant 1812 Words | 6 Pages. Obesity; Root cause of many diseases. Obesity : root cause of essays Auburn University many disease Outline What is obesity Its measurement Global trends . Reasons Energy rich foods Lack of exercise genetic predisposition Related Morbidity Cardiovascular diseases Diabetes Mellitus Other diseases e.g bone and joint diseases, asthma, skin diseases, certain cancers etc Social implications How to fight obesity Diet Exercise Drugs and surgical procedures Conclusion. Obesity is essay school American, a medical. Body mass index , Cancer , Diabetes mellitus 1059 Words | 4 Pages. Millions of people die each year because of different causes , but do the how to write Nankai University (INTO), majority know obesity ranks second among . causes of death?
Even though obesity is a serious concern in writing scholarships school American Washington, society, the majority of people don’t care or are too busy to human essay Colegio, care about the health effect it caused. “ Obesity is a genuine problem in America, but our nation debate on the subject has become nothing short of hysterical,” (David Martosko, Center from consumer freedom) Obesity might be taken as a joke for most people but as it. Binge eating disorder , Childhood obesity , Diabetes mellitus 2178 Words | 6 Pages. Obesity : A Complex Problem with a Simple Solution Many people in essay students American University Washington, the United States believe that if it weren’t for School fast food restaurants, . they would not be obese. McDonald’s has been blamed 100% and sued for individual weight problems of Americans. While fast food may be one of the contributors to the obesity epidemic, it surely doesn’t stand-alone.
Obesity is writing for high students American, caused by many factors, depression, sedentary lifestyle, overeating disorders and food choices. Article Western Sydney University (Navitas)? Many of those factors are learned and. Bariatrics , Childhood obesity , Diabetes mellitus 1174 Words | 3 Pages. ? Obesity Veronica Ross GEN 499 Instructor Hamlin November 17, 2014 Obesity Topic: I have chosen the essay scholarships for high students American University Washington, topic, . obesity . “ Obesity has been defined as the excessive accumulation of body fat occurring in children and people being more than 10 pounds over the weight for their height and how to a feature Western University, body type” (The American Academy of Child and essay writing scholarships American, Adolescent Psychiatry, 2011). I chose obesity because it has taken over a lot of our young children. Obesity in young children has become a big issue because. Body shape , Childhood , Health 1447 Words | 7 Pages. Public Health Related Problems. . OBESITY . . Public health is the science and art of preventing disease, prolonging life and promoting health through the organized efforts and informed choices of society, organizations, public and private, communities and writing Margaret's, individuals. There are different. Body mass index , Dieting , Nutrition 1551 Words | 4 Pages. ? Obesity Obesity is seen everywhere around us.
Obesity is more than just eating two Big Macs rather than one. Essay Writing Students University? . Obesity is a lifestyle disease which is spreading rapidly worldwide. Individuals of all age, gender and essay writing School, ethnicity are affected by this disease. Still, a general trend has been observed that women are affected more than the men. Scholarships For High Students University? The tendency to gain weight also increases with the growing age. For Essay The Perkiomen School? However, an alarming trend of essay scholarships University childhood obesity is being noticed in the recent years . In definition.
Appetite , Dieting , Hypertension 847 Words | 3 Pages. Health and Wellness Term paper Obesity in children Obesity is good essays University, a growing problem with children in the world. . Obesity is not an issue that is just United States specific, many countries are dealing with overweight and obese children. Essay Scholarships For High School Students American Washington? “ Obesity in children has more than doubled in the past 30 years and it is thought to continue to essay writing graphic organizers Lake Forest Academy, grow” (Whiteman). With obesity in children on the rise diseases and health issues is also rising. There are two reasons for these rises in essay scholarships students American, obesity , and they are children do not. Body shape , Childhood , Childhood obesity 1893 Words | 7 Pages. Taking a Deeper Look Obesity is a serious problem in rubrics for essay writing The Perkiomen, America.
It is a much bigger problem than people perceive. In fact, over a third of the . Students American Washington? nation’s population is obese. Being obese and being overweight is Forest, not the same thing, although they are often perceived as being the same. Being overweight means that a person weighs too much in students American University Washington, comparison with their height; however, obesity is observed by the amount of body fat a person has (Winters 44). Americans perceive being obese the same way they perceive. African American , Body shape , Childhood 2209 Words | 6 Pages. ? Obesity at a Glance in for essay writing The Perkiomen School, America Rikki Higgs Mrs. Abernathy English IIV 10 December 2013 . Writing University? Rikki Higgs Mrs. Abernathy English IV 10 December 2013 Obesity at a Glance in how to an article, America In America, obesity rates have shot up exorbitantly high in the latest year. Obesity , which is a form of overweight, has become a common problem throughout America (Macnair, Trisha). Even though obesity is excess proportion of total body fat, it can cause major damage.
Obesity. Adipose tissue , Body mass index , Cancer 1912 Words | 7 Pages. ? Obesity Obesity is writing for high school students American University, a growing health problem in many nations of the world and should now be considered as a chronic disease that . is essay writing Forest, reaching epidemic proportions. Scholarships School Washington? In most simple term obesity means having excess body fat. The most common measure of obesity is the body mass index, or BMI. BMI is for a (Navitas), mass (kg) divided by the square of the writing scholarships for high school American, height (meters); it is highly correlate with the for essay writing The Perkiomen School, body fat. “Healthy” people have a BMI of scholarships for high students University 20-25, those with a BMI of rights essay Montfort 25-30 are deemed to be “overweight”, those with. Adipose tissue , Body mass index , Diabetes mellitus 1186 Words | 4 Pages. Chapter 8: Addressing the Obesity Epidemic: An issue for Public Health Policy These notes contain some outline on obesity . You . have to read the references from the CDC to further learn about writing for high University obesity meaning that All the Online References are Mandatory.
The video on Queen Margaret's School, titled “Childhood Obesity Epidemic” is mandatory and you watch it when you click “content”. 1. Defining the terms Obesity and Overweight as they apply to adults and children: http://www.cdc.gov/ obesity /defining.html Definitions. Bariatrics , Body mass index , Body shape 1046 Words | 4 Pages. Obesity : An Epidemic Ailments such as cancer, emphysema, and writing for high school Washington, multiple sclerosis are usually associated with a painful death. Human Writing Montfort? However, . diseases like these are not the exclusive killers of Americans.
Many fall prey to a more silent killer, but one that should be respected just as much as any other serious physical ailment: obesity . Essay Writing Scholarships School University? “ Obesity is rights writing Montfort, a disease with severe repercussions such as heart disease or stroke. Though largely overlooked in essay writing scholarships American University, importance, it is an epidemic, and like other epidemics. Adipose tissue , Body mass index , Junk food 1974 Words | 6 Pages. Obesity Takes Over Obesity is a growing worldwide problem causing “over 400 million people to become obese” . ( Obesity ). Essays? The numbers will keep climbing to be about “700 million in 2015” ( Obesity ). As the numbers keep growing in both adults and essay scholarships for high school American University Washington, children, people will remain obese until they can make their life healthier. Throughout the United States, obesity has affected a large number of people from lack of exercise, consuming too much food and causing various types of persuasive essays Auburn University health problems. People have. Body mass index , Dieting , Health 857 Words | 3 Pages. In the United States today, obesity has become an enormous problem. In the essay school University, last three decades, the writing graphic organizers, number of people overweight has increased . dramatically. A study done by the Centers of Disease Control showed that since 1980, one third of writing scholarships for high students Washington our adult population has become overweight. America is the richest but also the fattest nation in how to a feature newspaper Sydney University, the world and our obese backsides are the butt of jokes in every other country ( Obesity ). According to writing for high school American, a report in the Journal of the American Medical Association.
Appetite , Cancer , Dieting 1433 Words | 4 Pages. Obesity Name Subject Date Obesity which has today become a major health problem globally is as a result of essay writing prompts Queen Margaret's School . abnormal and accumulated excessive fats in writing for high school students, the human body. Consequently it has become a global problem and human rights writing, a major risk factor for many chronic diseases such as diabetes, cardiovascular diseases and cancer to writing students American University Washington, name a few. There are many causes attributed to obesity which mostly focus on lifestyle in general today in our changing world. Consumption of fast foods that contain. Atherosclerosis , Epidemiology , Fast food 744 Words | 3 Pages. Angelica Pisano Dr. Boyle Sociology 105 April 8, 2013 Obesity in America Obesity is a common disease in essay writing prompts Queen School, the United States . that has many causes and writing school American University Washington, consequences. Genetics, the environment and rubrics for essay writing The Perkiomen School, the media are all common causes of obesity leading to health problems as well as economic issues. Another variable that contributes to obesity , less obvious than diet and heredity, is social networking (Schaefer 106).
Today, over scholarships for high school Washington, two-thirds of Americans fall into the categories of being overweight or. Body mass index , Diabetes mellitus , Dieting 1279 Words | 5 Pages. business people. Everyone knows that McDonalds has the best fast food around over any other restaurant. We’ve grown up on their food and they have been . around for decades. We have continuously eaten their food and not knowing that in the long run it will cause us serious health problems even though they portray their food as being healthy. Even their healthy food is not really healthy.
They just say that so people that are on diets will want to go there and buy their food. A bacon ranch salad has as much. Coffee , Drink , Eating 1062 Words | 4 Pages. Background of the essay prompts Queen Margaret's School, Study Obesity is a major global epidemic and a burden to society and health systems. It is well known risk factor for a . Scholarships American? number of chronic medical conditions with high morbidity and mortality. This study aimed to provide an estimate of the direct costs associated to outpatient and write a feature article newspaper University (Navitas), inpatient care of scholarships school American University Washington overweight and obesity related diseases in the perspective of the for essay writing, Brazilian Health System (SUS).
Obesity poses a major public health challenge. Each year, obesity contributes to an estimated. Body mass index , Childhood obesity , Diabetes mellitus 829 Words | 3 Pages. Obesity HCS/465 August 25, 2014 Ann Impens Obesity Obesity is a major problem around the essay writing scholarships school American, world and it . affects everyone. Children are predisposed to being obese due to their parents. There have been a number of studies done to see if a child is prone to being overweight because of their parent. Data has been collected and human writing Colegio, analyzed and it shows that children are obese because of their parents. Essay Writing School Students University Washington? Definition of the Problem The study was conducted to resolve childhood obesity in children. Bariatrics , Body shape , Cancer 687 Words | 5 Pages.
Obesity is an epidemic that affects millions of people in for essay writing School, the United States everyday. Essay Scholarships School Students American? It is a lifestyle disease that affects individuals of all . races, age and gender. Childhood obesity has been increasing rapidly over the past few years. The problem with obesity is for a Western Sydney University (Navitas), that it makes individuals highly susceptible to diseases like diabetes and hypertension. Seventeen percent of all children in the United States suffer from school students American University obesity today. Obesity is generally caused when the calories eaten exceed the calories. Fast food , Health , Health care 979 Words | 3 Pages.
What Are the write an article review Nankai University (INTO), Causes and essay scholarships for high school students American, Effects of writing Academy Childhood Obesity. What are the scholarships students, Causes and Effects of Childhood Obesity ? How can they best be addressed? Veronica Clark Eng 122 English . Composition 11 Jason Romero November 19, 2012 What are the Causes and Effects of Childhood Obesity ? How can they best be addressed? Childhood obesity has become a big important issue over the years. This issue should be addressed immediately. The problems seem to be the University, food that the children and adolescents eat and a little. High school , Meal , Middle school 2080 Words | 6 Pages.
?Destiny Behny English 111-42B Prof. Rebecca Faught 28 Oct. 2013 Paper 3 MLA Obesity Obesity is a problem that has been . on the rise for many decades. Not only is writing for high school students American Washington, it starting at a young age, it is starting to affect the health of many around the world. Essay? There are many health concerns related to the topic of obesity , over nourishment can also cause obesity and health concerns. A lot of people like to blame an excessive amount of food consumed as part of them being obese. One does not have to.
Eating , Fast food , Fast food restaurant 1680 Words | 4 Pages. ?What can Samoan parents do to prevent obesity and diabetes in their children? Samoan culture is greatly respected by its people. In their . opinion, no other culture is even close to theirs in values, respect, tradition, mentality, form of government etc. They want to keep things that way and school students, hopefully nothing could come in between. Samoa may be perfect in such ways but, like they say, there is always a bad apple in a society. I believe obesity and diabetes are that. Merriam-Webster's Collegiate. Body shape , Childhood obesity , Diabetes mellitus 912 Words | 3 Pages. ? Obesity Obesity is the how to write University (INTO), state of being over-weight. Writing For High Students American? It is common to have over-weight in recent days.
Due to how to write a feature article newspaper Western University (Navitas), . obesity , the tendency of gyming is essay scholarships for high University, also increasing in current days. Obesity typically results from over-eating (especially an unhealthy diet) and lack of enough exercise. Prompts Margaret's? In our modern world with increasingly cheap, high calorie food (example, fast food — or “junk food”), prepared foods that are high in things like salt, sugars or fat, combined with our increasingly sedentary lifestyles. Adipose tissue , Cancer , Dieting 1037 Words | 4 Pages. Obesity Among Young Americans Michelle LeDrappier Professor Tovey VanAulen College English October 29, 2010 LeDrappier, 1 Michelle . LeDrappier Professor Tovey VanAulen College English October 29, 2010 Obesity Among Young Americans Children are filled with energy and youth, but something is increasingly slowing them down. Essay Writing For High School Students University Washington? Child obesity has become one of the major epidemics in America today. The twenty-first generation is the only one whose members may be expected to have shorter life.
Body shape , Childhood , Childhood obesity 2514 Words | 7 Pages. 101 6:00 am Professor Cardenas-Adame November 9, 2012 The Cure for Obesity As an American society we all share a similar fear for . obesity . Everyone can be succumbed by obesity and for essay writing The Perkiomen School, most are. The percentage is over 70% of America that are borderline line of being obese and essay for high school University Washington, 36 in the us that are obese. Also it’s a triadic to see that Americans are rated the highest in world for rights Colegio Montfort obesity . Essay Students American? Many may ask why is obesity such a curse. Queen Margaret's? Many say you may get looked down upon in today society or so forth. Body mass index , Dieting , Human body 1026 Words | 3 Pages. Obesity means having excess body fat. For adults 35 and older, having a BMI (Body Mass Index) greater than 30 is writing for high school students American University Washington, considered obese. . Organizers Lake? Obesity is a chronic medical disease that can lead to diabetes, high blood pressure, heart disease, gallstones, and other chronic illnesses. Obesity is difficult to treat and has a high relapse rate. Greater than 95% of those who lose weight regain the weight within five years.
Obesity means having too much body fat. Students University? It is not the same as being overweight, which. Adipose tissue , Appetite , Dieting 1206 Words | 4 Pages. ?Introduction Obesity is writing prompts Margaret's School, a disorder that causes an excess gain in writing students University Washington, body mass, or body weight. Along with this, the how to review, disorder can . account for any diseases. Because of a lack of exercise, unhealthy foods and new advances in technology, the percentage of obesity throughout the world increases dramatically. The reason behind choosing this topic is because I am one who really wants to assist people. I am also strict about the aspects of exercise and writing scholarships school American, healthy habits. Because obesity is an good persuasive University epidemic in the. Body mass index , Body shape , Childhood obesity 2181 Words | 6 Pages.
breath. In America today this is the school American University Washington, reality that many children face. Writing The Perkiomen School? Obesity has become an epidemic in America, it has many contributing . factors, and affects learning abilities but there are preventive manners for scholarships for high students American University Washington it. Essay Writing Organizers Lake Forest? Although little is being done about essay scholarships for high University Washington obesity , its negative effect on children is caused by multitude of factors. The rising numbers of obese children has reached an good persuasive University alarming rate.
With many Americans, “…‘ obesity ’…carries the connotation of for high school American University Washington being extremely overweight. [But] health professionals. Body shape , Childhood obesity , Health 2075 Words | 6 Pages. these contributed to the rise of obesity rates in developed nations. Conversely for developing countries, undernourished mothers produced . babies who are genetically prone to obesity , and in countries like Mexico where the source of water is unreliable, the good persuasive essays, population turned to soft-drinks, making them the leading consumer of Coca-Cola in the world today. Be it certain cultures or traditions of specific society considering obese as signs of essay scholarships for high school American University Washington prosperity or affection, obesity is undoubtedly a grave problem. Body shape , Childhood obesity , Diabetes mellitus 890 Words | 3 Pages. urbanization, affluence, and change in lifestyles and how to write a feature for a newspaper Western, nutritional status of the population. Obesity among adult has became serious problem in . health department as it increases rapidly. Hence, I will discuss on obesity as a contemporary issue in Malaysia.
World health Organization (WHO) had defined that obesity is an abnormal or excessive fat accumulation that presents a risk to health. A crude population measure of essay writing scholarships for high school students Washington obesity is the body mass index (BMI), a person’s weight (in kilograms) divided by rubrics for essay the square. Eating , Fast food , Food 2869 Words | 10 Pages. Present day American culture promotes unhealthy eating habits in writing scholarships for high school students American Washington, children. “Childhood obesity is a major public health concern, and has more . than doubled since the write an article Nankai University (INTO), 1970’s” (Ludmila 1). This can be a big dilemma because kids are developing an writing scholarships school students American University unhealthily lifestyle so young. America’s public schooling system needs to be held responsible for the causes of child obesity and make changes to accommodate the an article University (INTO), effects.
Changes should be made in schools lunch menus and the types of foods found in vending machines. Childhood , Childhood obesity , Health 1169 Words | 3 Pages. or fast food (Allison). Scholarships For High School University? Obesity is the “abnormal accumulation of body fat, usually twenty percent or more over an individual's ideal body . weight” (Greenblatt). Obesity is becoming an overwhelming epidemic in America.
It is more prevalent in African Americans, American-Indians, and children (Richards). In fact, nearly two out of three Americans are overweight or obese and the number of overweight children has tripled over the last twenty years (Greenblatt). Due to obesity , there are many deaths or. Fast food , Fast Food Nation , Food 1977 Words | 6 Pages. ?Elaine Chen V. Fong English 110.14 12 Feb 2014 An Analysis of the issue: Obesity When it comes to the topic of obesity , . most of us will readily agree that it is rubrics writing The Perkiomen, a major issue the in the United States. Where this agreement usually ends, however, is on essay writing scholarships students University, the question of what should be done in order to solve this issue. Whereas some are convinced that government and industries should take the responsibility, others maintain that letting the government involve will make the problem worst, it is. Fast food , Junk food , Nutrition 1125 Words | 5 Pages.
Eating Fast Food May Cause Obesity. Elizabeth Collins English 1302 March 27, 2013 Eating Fast Food May Cause Obesity Most American eat out daily and . Essay Writing School? fast food is fried and scholarships for high American University, high in calories, the bottom line is it’s all about essay graphic Forest choices. Making the decision to choose fried, baked or grilled food is a choice. Fast food, namely McDonald’s, tends to get a bad rap, McDonald’s got a bad rap because it is not only for high school students American University Washington convenient but they made their food look attractive and desirable to kids. They placed those golden arches high. Eating , Fast food restaurant , Food 860 Words | 3 Pages. humiliating for rights writing the overweight people. Maybe to better comprehend this law or policy we need to know what obesity is and what . causes this condition. The dictionary definition of obesity refers to scholarships students American Washington, it as a medical condition whereby surplus body fat has accumulated to the point that it may have adverse health effects, leading to a reduced life expectancy and rubrics writing, increased health problems (Brethauer SA 19). Obesity is calculated using the Body mass index (BMI) which compares height and scholarships for high American, weight.
A person is defined. Adipose tissue , Airline , Avianca 2667 Words | 7 Pages.
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The BP Oil Spill in the Gulf of Mexico essay. This report discusses the scholarships for high students American, issue of concern because an oil spill is considered to be a disaster for both for human beings and the environment. The BP oil spill in the Gulf of good persuasive essays University Mexico is no exception. The oil spill affected both human beings and the environment, polluting and damaging vast areas of the adjacent territories and the large populations of wildlife. The BP oil spill caused a serious damage not only to essay writing scholarships for high Washington, the marine life, but also to Lake Forest Academy, the human factor, including wild inhabitants, fishing and tourism industry in the Gulf of Mexico (Tangley, 2010). Essay For High School University Washington? A large number of factors, including Petroleum toxicity, Corexit dispersant usage and oxygen depletion can be viewed as the major causes of the disaster which led to the negative impact on ecological system (Smithsona Venette, 2013).
In this paper, the major risk management issues, which illustrate the case, are identified. Among these risk management issues are slow response to the crisis, as the oil spill took several weeks to stop. The results of persuasive essays risk management assessment demonstrate that loss prevention measures in the case of the BP oil spill in the Gulf of Mexico in 2010 were in place to prevent the oil spillage starting and the proper cost containment steps were taken to manage the cost of the required clean-up operations, recovery procedures to promote business continuation, many days had been lost. Second, the BP oil spill in the Gulf of Mexico demonstrated poor governance of organization as the company lacked the effective crisis plan. Thus, the essay writing University Washington, BP oil spill in the Gulf of essay Forest Mexico case can be used to teach people lesson how to effectively use risk management and crisis management practices in addressing unexpected disasters.
To manage the crisis, a special plan should be developed and tested. Any company should six stages of crisis management to remain successful on the competitive market. The company€™s leaders should demonstrate their remarkable leadership capabilities, serving their companies, employees and communities. The Gulf of writing scholarships for high school Washington Mexico is one of the most valuable territories because of the availability of the essay writing Queen Margaret's, great variety of marine life, including fish, shrimp and other species. Essay Scholarships For High Students University? The coasts of the Gulf of Mexico are the best place for seabirds€™ nests and turtles€™ nesting. However, the most valuable treasure for economic development of the country is the richest reserve of oil and natural gas. In general, there are more than 4,000 offshore rigs in the Gulf of Mexico designed for drilling gas and rubrics for essay writing The Perkiomen oil (Chiang et al., 2010). According to researchers, €śmany people who live in the five U.S. states that border the Gulf of Mexico (Texas, Louisiana, Mississippi, Alabama and Florida) depend on the Gulf for jobs and survival€ť(Chiang et al., 2010, p. 5). One more important function of the Gulf of Mexico is the growing fishing industry that provides over 1.3 pounds of essay writing Washington fish and write a feature article for a Western Sydney (Navitas) shellfish each year. This information helps to better understand the negative consequences of the BP oil spill in the Gulf of Mexico that occurred on April 20, 2010. The negative effects from writing scholarships American Washington oil spill have been widely discussed in human writing scientific literature.
These effects include species-specific effects, effects on the near shore environment, serious trophic effects through oil contamination of sediments, various site-specific effects, and the effects on drilling discharges (Lin Mendelssohn, 2012). Essay School? Based on human rights essay, recent research findings, €śthe BP oil spill in the Gulf of Mexico that followed the scholarships for high students American University Washington, explosion of the exploration platform Deepwater Horizon on 20 April 2010 was the largest accidental oil spill€ť in America that requires finding the proper solutions to good persuasive, develop effective risk management practices. Essay For High Students American? It is very important to find out €śif an accident of this size could have been expected€ť (Acton, 2013, p. Essay Queen Margaret's? 501). The general aims of the analysis presented in this paper include: providing an overview of the key facts surrounding the case identification of the major risk management issues identified in the case Comparing and contrast the way in which these three risk management issues were dealt with by the firm(s) involved with material presented in the course or other reference material dealing with the essay scholarships students American Washington, concepts or issues that the case illustrates Assessment of the effectiveness with which the crisis, created as a result of the failures in risk management evident in the case, were managed Identification of the lessons that can be learned from the case, providing conclusions and the nature of any control procedures and/or risk treatment systems that should have been implemented or where failures occurred. This report is significant for assessment of the key risk management issues that are associated with the oil spill in the Gulf of Mexico. The BP€™s handling of the Deepwater Horizon oil spill that occurred in 2010 teaches people some important crisis management lessons. Actually, the human rights Colegio, work on oil platforms is automated, but human errors often occur on these structures (Smithsona Venette, 2013). According to writing scholarships for high school students, researchers, these oil drilling rigs are considered to be the largest movable human-made structures in the world, as such €śthey have become virtual cities afloat that will always have minor equipment failure and human error, not to mention working in hurricane-prone environments€ť (Ostrom Wilhelmsen, 2012, p. 23). The Deepwater Horizon platform is no exception, as it has a long history of oil spillages and fires that occurred before the oil spillage of 2010.
The Deepwater platform operates day and night; therefore, some problems with equipment may appear on a regular basis. This report is aimed at giving explanation of some important risk management practices that should be taken into consideration by other companies to The Perkiomen School, avoid negative consequences, similar to the Deepwater Horizon platform€™s disaster. Case Study Description of the key facts surrounding the case. The BP oil spill in the Gulf of Mexico is considered to be the €ślargest accidental marine oil spill in the history of petroleum industry, being 8%-31% larger in volume that the previous largest oil spill, the Ixtos I oil spill€ť (Holland Schemwell, 2014, p. 23). Writing For High Students University? The BP oil disaster is how to Nankai University (INTO) often called the Deepwater Horizon oil spill. It occurred on 20 April 2010 in the Gulf of essay writing scholarships school students American Washington Mexico on the BP-operated Macondo Prospect. Actually, the BP oil spill can be viewed as the worst environmental disaster in America. The BP oil spill occurred near Mississippi River Delta, as a result of a deep-sea floor oil gusher, which was made by essays the massive explosion of the Deepwater Horizon platform, one of the most efficient and effective semi-submersible drilling rigs in the Gulf of Mexico.
It has been found that oil slick coverage was approximately 2,500 square miles in the Gulf of essay for high students Washington Mexico region. It has been reported that there were huge underwater oil plumes invisible at the surface. As a result of the massive explosion, there were many victims of this disaster; including 11 workers killed during the explosion and 17 men seriously injured (Holland Schemwell, 2014). On the 15th of July, 2010, the gushing wellhead was capped, but the Deepwater Horizon platform released over 4.9 million barrels or 780,000 m3 of crude oil into the Gulf of Mexico (Griggs, 2011). This fact means that as a result of the explosion, over 53,000 barrels of oil were spilled each day of the accident (from July 10 till July 15) before the workers could cap the well. The experts state that for 87 days, the oil continued to flow to the waters of the Gulf of Mexico, causing serious damage to the environment and local economy. In other words, crude oil was flowing into the estuaries, marshes and beaches of how to an article Nankai University (INTO) three states affected by the spillage – Alabama, Louisiana and Mississippi (Griggs, 2011). Writing American Washington? The U.S. government declared that the BP oil spill in the Gulf of Mexico can be regarded as a national disaster.
As a rule, an area contaminated by oil, is closely connected with the whole character of the affected environment. How To An Article Nankai (INTO)? The free spilling of oil leads to a wide range of negative consequences, including €śthe spread by wind and wave€ť (Bai Bai, 2014, p. 363). Scholarships For High American? The oil spillage from the Deepwater Horizon platform floating on the surface could evaporate through air and for essay writing School sun, spreading over the water surface. As a result, oil spillage affected the environment, including the wildlife. Identification of three major risk management issues illustrated by the case.
The BP oil spill in the Gulf of Mexico that occurred in 2010 gives an opportunity to identify three major risk management issues, which can be assessed by essay writing scholarships students University Washington experts as significant risk management lessons. Essay Writing Organizers Lake Forest Academy? One of the key risk management issues is essay writing for high students American University Washington that €śthe oil spill took some weeks to stop€ť (Hopkin, 2012, p. 175). Although the results of risk management assessment show that loss prevention measures in the case of the BP oil spill were in place to prevent the oil spillage starting and for essay writing The Perkiomen School the proper cost containment steps were taken to essay writing scholarships school University, manage the cost of the writing School, required clean-up operations, recovery procedures to for high school American University Washington, promote business continuation, much time had been lost. According to Paul Hopkin (2012), €śit is, perhaps, the case that the damage limitation measures were not as robust as may have been required€ť(p. 175). Besides, the BP oil spill in the Gulf of Mexico has raised serious risk management issues regarding the governance of good Auburn University organization involved in the case. Risk management and writing scholarships for high students University governance in (INTO) the BP organization are separate activities, which have their own committees and organize their own processes to achieve the established goals.
According to researchers, €śthe BP oil spill disaster has clearly shown that the board has to for high school American Washington, own both the general governance of the organization and its many and varied risk activities€ť (Wright et al., 2013, p. 16). As a result, the write article newspaper Sydney University, disaster created an enormous financial crisis, leading to poor reputation of the BP organization. Scholarships Students American Washington? According to human essay writing Montfort, Otto Lerbinger (2012), €śits image as a leader in deep sea technology was shattered, as well as its professed dedication to school students American University Washington, corporate social responsibility and the environment€ť(p. 24). Now the organization needs to use the proper strategies aimed at restoring its reputation in order to successfully operate in the Gulf of Mexico. Based on the US federal government report that was issued in 2011 after investigation of the key causes of the disaster, the write newspaper, following failures were identified: Poor risk management practices Last-minute changes in decision making (Anastas et al., 2010) Failure to adequately observe and effectively respond to scholarships students University, critical indicators that were identified on the platform Inadequate and insufficient well control response €śInsufficient emergency bridge response training by employees responsible€ť (Guinness Walpole, 2012, p. 227). Comparing and contrast the way in which these three risk management issues were dealt with by the firm(s) involved with material presented in the course or other reference material dealing with the concepts or issues that the case illustrates. In the rubrics The Perkiomen, case discussed in this paper, the BP failed to avoid certain management errors that led to massive damage to the environment and essay writing school students Washington caused considerable harm to prompts Margaret's School, people. The explosion of the Deepwater Horizon platform rig can be viewed as an example of €śa designation that is a prevailing contention of government and other reports on the disaster€ť (Lerbinger, 2012, p. 24). The disaster in the Gulf of scholarships for high students Mexico that occurred in 2010 was caused by certain management failures both by the organization (the BP Company) and its contractors (Transocean and Halliburton).
Risk management practices were influenced by the wrong decision making associated with some technological problems. According to the material presented in the course lectures, the risk management cycle involves several stages, which help an review Nankai (INTO), organization to manage risks: Identification, Quantification, Risk assessment, Risk treatment, Monitoring, Risk context. These stages are interrelated (Business Risk Management Week 2, 2014, p. 2). Based on the established components of risk management process, it is possible to avoid negative consequences of disasters in all spheres of human activity, including oil and gas industry. In the Deepwater Horizon platform, many events led to the disaster because inadequate risk management practices were ineffective in writing scholarships students American that situation. In the case of the rubrics for essay writing The Perkiomen, Deepwater Horizon oil spill, €śthe behaviors and attitudes of writing scholarships for high American University Washington leaders have been disappointing at best and irresponsible at worst€ť (Corkindale, 2010, p.1). In this crisis, some leadership skills have been misunderstood by the key players.
The BP are responsible for the environmental disaster, but the BP CEO Tony Hayward demonstrated some failures in leadership practices, providing control over the €śorganizational culture that sanctioned extreme risk-taking, ignored expert advice, overlooked warnings about safety issues and hid facts€ť (Corkindale, 2010, p.1). The BP leaders failed to writing prompts, respond to the disaster with sufficient speed and attention. Actually, this failure was a result of the inconsistent organizational culture. Assessment of the scholarships students American University Washington, effectiveness with which the crisis, created as a result of the failures in risk management evident in the case, was managed. The effectiveness with which the rubrics writing, crisis of the Deepwater Horizon platform, created as a result of the failures in risk management is evident in this case. There are six stages of crisis management, including €śavoiding the crisis, preparing to manage the crisis, recognizing the crisis, containing the crisis, resolving the crisis and profiting from the crisis€ť (Business Risk Management Week 3, 2014, p. 1). The Deepwater Horizon platform€™s governance did not include all the above mentioned stages in its crisis management. In the Deepwater Horizon platform, there were serious problems with governance as the Company failed to examine all possible scenarios, assess all possible consequences and essay scholarships for high University Washington identify the how to a feature article for a newspaper Sydney (Navitas), cost of prevention of these negative consequences.
The response to essay writing for high school American, the crisis was not planned in a proper way. This fact means the write an article University (INTO), BP Company failed to writing scholarships for high students American, use the appropriate strategies to avoid the crisis. Because of the explosion on the Deepwater Horizon offshore drilling platform, over 5 million barrels of oil were sent into write a feature article newspaper Sydney University (Navitas), the waters of the essay writing scholarships for high school University Washington, Gulf of rights essay writing Colegio Montfort Mexico. This fact proves that the essay writing scholarships students University, company failed to avoid the crisis. According to researchers, the BP oil spill in the Gulf of Mexico is an writing The Perkiomen, example of a €ścompany without crisis planning€ť (Cox, 2012, p. 87). The BP disaster was an unexpected event, which required the implementation of the writing scholarships for high school American, effective crisis planning. According to Charles E. Cox (2012), €śBP€™s advantage was that, even without a crisis plan, the company had billions of dollars in writing Colegio the bank and enough cash reserves to manage its way through the writing for high school students American University Washington, crisis and take steps to rebuild its reputation€ť (p. 88). Undoubtedly, the impact of the BP disaster was enormous because of the lack of the crisis planning. Nevertheless, the BP governance managed to writing graphic Academy, take some reasonably decisive action, using the essay writing scholarships, media and public relations to essay writing graphic, address the issue of concern and writing scholarships American University demonstrate the company€™s response to the disaster.
The team to respond to the crisis was formed, but there were some failures as well. Mishandled communication influences the company€™s response and writing School the company€™s reputation. Essay Writing Scholarships Washington? The BP hired 2500 people on order to organize and human rights essay writing Montfort conduct cleaning efforts in the states: Louisiana, Alabama, Mississippi and Florida (Anastas et al., 2010). As a result, the company was judged by the success the BP had in dealing with this disaster. Essay Scholarships For High Washington? The company employed many people to collect oil and protect the shore line from write an article review Nankai (INTO) pollution. This strategy to address the crisis was effective only when sea was calm (Pennington-Gray et al., 2012). Thus, it is for high school necessary to conclude that pollution from the activities of offshore companies leads to write University, degradation of the marine environment. In those regions where major disasters take place, pollution can lead to the most devastating consequences both on the environment and essay writing scholarships for high school American University Washington human beings. The Deepwater Horizon disaster is one of the how to write an article review University (INTO), examples that can be used to teach some lessons. The key lessons that can be learned from the case are connected with risk management practices. The Deepwater Platform was operating under the BP contract (British Petroleum, the well-known multinational corporation headquartered in writing students American University the UK).
The discharge of oil had negative impact on the region, caused serious damage to fisheries and marine habitants, bringing to light the risks of deep water oil and gas drilling. The lessons that can be learned from the for essay writing School, case give an opportunity to other companies to avoid negative consequences of the crisis and develop, maintain and implement effective crisis management practices. Essay Washington? One of the most important strategies to manage crisis is to implement a well-developed crisis plan, provide effective control procedures and risk treatment systems that must be developed and implemented in the areas, where failures occur frequently. In addition, the company€™s leaders should demonstrate their remarkable leadership capabilities, serving their companies, employees and communities.