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Business Unplugged™
This blog features Carol Roth's tough love on business and entrepreneurship, as well as insights from Carol's community of contributors.

The Time to Develop a Plan Is Before You Need It

Written By: Catherine Morgan | Comments Off on The Time to Develop a Plan Is Before You Need It

Carol is a strong proponent of planning. She frequently says that if you fail to plan, you plan to fail.

The right time to create a plan is before you need it. Carol walks us through planning for some business contingencies in her recent post on, “3 Plans Every Business Owner Needs to Have in Place.” Carol begins:

Whether you have a solo business or are in charge of a variety of employees, you need to have a plan for the unexpected. Whether it is a natural disaster, death, cyberattack or other unplanned event, small businesses are incredibly vulnerable when things don’t go the right way.

So, where should your priorities stand in terms of planning? Here are three places where you should make sure to plan ahead.

A Cybersecurity Plan

Security breaches are happening more and more frequently, and small business owners have become big targets for hackers, knowing that SMBs have less of a focus on cybersecurity and are often the gateway to bigger customers. This makes a cybersecurity plan a must for any small business.

You can read the rest of the post here.

Article written by
Catherine Morgan is the founder of Point A to Point B Transitions Inc., a virtual provider of coaching services to individuals who are in business or career transition. She specializes in helping entrepreneurs transition to corporate jobs they love. Catherine is the author of the eBook Re-Launch You: Discovering Your Point B and Embracing Possibility. An experienced independent consultant who was employed by three of the former Big Five consulting firms, Catherine speaks frequently on topics related to career transition, small business, productivity, and mental health. She doesn’t take herself seriously, but takes her subject matter very seriously.