N2Growth Blog
APRIL 5, 2010
This is so much the case that the most often overlooked aspect of strategic planning is adequately addressing contingencies as part of the planning process. The two most common outcomes created by a lack of contingency planning are: 1.) watching things grind to a halt as you scramble to evaluate options, and; 2.)
Strategy Driven
NOVEMBER 9, 2023
A well-crafted financial plan considers revenue projections, cost estimates, cash flow management, and growth strategies. It provides a roadmap that guides decision-making and helps the business adapt to changing market conditions. Smart Investments Investing wisely is a key aspect of achieving financial success.
This site is protected by reCAPTCHA and the Google Privacy Policy and Terms of Service apply.
Strategy Driven
FEBRUARY 27, 2024
Businesses in such thriving environments often face the need to move, whether for expansion, to tap into new markets, or to enhance operational efficiency. Effective inventory management also aids in identifying items that may require special handling, storage, or insurance coverage during the move.
Strategy Driven
MAY 5, 2020
They are marketers, IT specialists, inventors, accountants, security experts, website designers, human resources, and much more. For many businesses, that is a plan for what you would do to get your business back up and running after a disaster strikes. They may be useful if you have to claim on your insurance as well.
Strategy Driven
MAY 29, 2020
While you can’t completely insulate yourself from every single eventuality, there are steps you can take to ensure that you have the right insight and contingency plans in place should the worst happen. Getting the right insurances for your business should never be an area where you cut corners.
Strategy Driven
MARCH 4, 2017
You can see the way the stock market reacts whenever an announcement or decision is made; sometimes it gets a boost, which is its way of saying ‘we approve!’, You can’t stop that from happening, but you can make sure you have the contingency plans in place so that you’re able to handle any temporary setbacks relating to stock and so forth.
Strategy Driven
NOVEMBER 6, 2015
Plan for the future. When your business has contingency plans for future scenarios you will seldom be caught by surprise. Most successful businesses have planned responses to most scenarios because they took the time to think “What If”. Payables plan is annually updated, with realistic, measurable goals.
Expert insights. Personalized for you.
360 
Let's personalize your content