How Your Small Business Can Prepare for Financial Emergencies

2 businessmen under Stress caused by the economic issues

Small business owners have to keep up with an ever-evolving economic landscape, and they’re often tested by financial emergencies and uncertainties. Some things are simply beyond your control, whether it’s a sudden market downturn or an unforeseeable global event. Being able to weather financial emergencies is a crucial survival skill. It also begs an important…

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Important Measures to Implement During a Recession

Text that reads "Risk Assessment" and "Emergency Plan"

Recessions tend to hit small businesses hard. One of the core challenges of recession readiness is delivering the same level of service despite reduced access to resources. The key is not only to survive the economic downturn but also to emerge on the other side ready to capitalize on the now-improved economy. But how? In…

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Contingency Planning for Project Management

In some areas of the world, contingency planning is all about having a Plan B for those natural disasters that might occur, but the reality, as you will see from any project manager course, is that you need to make contingency plans for everything if you want to ensure that you are covered should the…

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