Ring-a-Wing (B‪)‬

This is a supplement to Ring-a-Wing (A), product 9B11N001.

Late in August 2004, Chris Higgins was forced into the unenviable position of determining the future of Ring-A-Wing, a London, Ontario-based fast food producer of premium chicken wings for home delivery. After making a personal loan to a friend wishing to invest in the business, the situation devolved in less than nine months from Higgins being a passive lender to being a significant investor to sitting in a bankruptcy meeting trying to determine the future of the business.

This case is reflective of how financing a small business occasionally works.