Do you have a contingency plan in place for your business operations? What if you get sick or life challenges come knocking at your door? How will you continue to serve your clients and provide them with the best customer experience possible? If you haven't thought about these events then now is a great time to get busy planning.
According to Study.com, "a good contingency plan should include any event that might disrupt operations." Here are some specific areas to plan for:
Crises such as work accidents or employee related issues
Death of a key employee
Data loss due to cyber attacks
Mismanagement of financial resources
Product issues and lawsuits
We can't foresee the future but we can put a good plan in place to help keep things moving smoothly in our business. Next week we will take a look at how to put a specific plan in place so we are not caught off guard and left stressed out.
What about you? Do you have a contingency plan in place for your business? If so what are some ideas that you can share that really seem to work for you and your business?
Keep It Sunny!