What if you meet an unexpected challenge or emergency and need to take a detour? Make sure you have a plan for that, too! Planning for your success demonstrates your commitment to achieving your best, while planning for the unthinkable demonstrates your commitment to a different, but no less important, outcome.
Preparing for the worst while expecting the best:
- Demonstrates respect for your employees and/or investors
- Minimizes loss
- Prevents panic and decision making based on emotions
Change is predictable — plan for it
Change itself is predictable but of course the details are not. There’s no crystal ball showing the future of your business, only an understanding that there are many forces outside your control. While it’s not possible for your strategic plan to cover every possible emergency, a good contingency plan will help you navigate unexpected and unwelcome changes in your business environment.
How do you plan for contingencies you can’t predict? Read the full article on our website to find out!
Start Business Transition Planning: It’s as Easy as a Phone Call!
David is an accomplished and experienced business professional who brings over 40 years of insight to the table. As a business coach, he specializes in helping business owners prioritize their business needs, identify areas of improvement to support those needs, and lead their business to its greatest potential. He can help you plan for the future of your company with business transition planning in Ann Arbor and the surrounding area.
It all starts with a single, free conversation. Call 734-726-5208 today for a free coaching session or contact David. In today’s world, you need to be ready for anything.
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