People get sick. People die. People quit. Every company has one or more roles that just HAVE to be done every day. If the person doing that job now were to suddenly not be able to perform, it could be disastrous. A pre planned Succession Plan is your insurance against a major disruption when the inevitable occurs. But you don't need to hire a fancy lawyer to put something simple in place. This easy DIY succession plan guide can help you quickly get SOMETHING in place when the unthinkable happens.
The 2022 America's SBDC Conference featured over 1,500 small business advisors from every state in the US. From the workshops to presentations to vendors and more, there are some emerging trends that I observed while attending this conference.
A growing business is a good thing, but the pains of growth can be challenging to manage. With the proper planning and tactics, you can successfully expand your business and weather the bumps along the way. Deciding how and when to scale your business is the first step.
Every company will get hit at some point, whether it is from a natural disaster, cyber attack, fire, flood, major equipment failure or human factors such as human error, civil unrest, sudden loss of key personnel or internal theft. How prepared you are for that punch and how well trained you are to deflect the blow can mean the difference between a black eye and a match ending KO. Here are 8 warning signs that you may not be as ready for Iron Mike as you think.
Having a resiliant business is about more than just having a business continuity plan.
The best way to prevent the spread of a communicable illness is to prevent exposure. Telecommuting is an effective way to do this, but can impact employee productivity if not managed properly.
A veteran first responder of over 18 years, Andy explains what 4 elements of being a fire fighter translates to being a business owner.
A review of the free National Risk Index and how you can use it to determine your risk to natural disasters.
We are entering a new phase of work culture around the world. Those who can adapt will ensure success over those who do not.