Every business depends upon certain "givens," which range from retaining key personnel, to emergency planning, to credit arrangements. But what happens when a relatively young CEO is killed in an ...

A small business can be negatively impacted by all sorts of changes or events, from natural disasters to entrance of new competitors into a market. A contingency plan is a document that outlines how a ...

At the peak of the last boom, the CEO of Caterpillar told all of his division heads to start developing contingency plans for a recession. The division heads thought he was – crazy! Their greatest ...

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 ...

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 ...

I suggest rolling through the five areas listed above and identifying contingencies that are somewhat likely and would require a major change in the business. A company could have over a dozen major ...