Randy Pausch said “One thing that makes it possible to be an optimist is if you have a contingency plan for when all hell breaks loose!”
Have you given any thought to preparing for a worst case scenario for your business? For some business owners, that may have been during the recession. While for many businesses, 2020 was their worst case scenario. The crucial thing about 2020 was that the pandemic brought to light several worst case scenarios that many businesses had not taken the time to even sit to consider.
Large businesses and governmental organizations have contingency plans for potential threats. They put research into developing a possible response.
As small business owners, we need to ensure that we are preparing for a bad situation so that we will be better able to respond if it occurs.
In this episode, I share with you 4 steps to take to develop a contingency plan for your business.
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🔥 Gain the secret to growing a successful business using our planning guide!
https://drpksolutions.com/pkcs-ebook
**Note: This is a recording of a live session that Dr. Priscilla Kucer did on Facebook and Instagram****
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Music by Lawrence “Lorenzo” Gittens. He is a Barbadian singer, songwriter, producer, and entertainer. Follow him on Instagram @246Lorenzo.
