A contingency plan is a backup plan, activated in the event of a disaster that disrupts a company's production and puts employees in danger. The goal of the plan is to safeguard data, minimize ...

Opinions expressed by Entrepreneur contributors are their own. In today’s ever-changing business environment, business owners, entrepreneurs and franchise owners need to be prepared for the unexpected ...

Contingency planning is about creating a financial safety net. It's a proactive approach to managing unexpected expenses, ensuring you're not caught off guard. Here's how I go about building a solid ...

When I was 23, I worked for a SaaS tech startup with big enterprise clients. We were a relatively young company and thought we were on top of things. Then, the ice storm hit. Power went out across the ...

Developing strategies for how a business will use its money, materials and people to accomplish its goals is part of starting and running a business. Within the strategic planning process, a ...

Companies of all sizes across all vertical markets are now in an uncertain and uncharted situation due to COVID-19. Many of you may have recently pulled out and used parts of your business continuity ...

Rapid and violent disruption to supply chains, trade partnerships, technology stacks, and global markets is plunging midsize companies into a period of high unpredictability. While no one ever wishes ...

The pause in our daily routines initiated by the coronavirus pandemic has created severe challenges. It has also provided an opportunity to assess the effectiveness of your contingency plan and how ...

The United States has a poor record at both anticipating foreign crises and planning for them. To improve U.S. readiness for crises that are both plausible in the short- to medium-term and likely to ...

Companies of all sizes across all vertical markets are now in an uncertain and uncharted situation due to COVID-19. Many of you may have recently pulled out and used parts of your business continuity ...