Success In Mind; Motivation, and Inspiration for Entrepreneurs

#315: Preparing Your Business for the Unexpected

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In this episode of Success in Mind, we discuss the importance of planning and preparing your business to handle unexpected illnesses.

Drawing from my personal experience with COVID-19, I'll share the need for contingency plans, business continuity plans, and leveraging technology to ensure your business runs smoothly in your absence.

Key points:

  • discussed include documenting daily tasks
  • training employees to handle multiple roles
  • using project management and communication tools
  • automating routine tasks
  • maintaining financial preparedness through an emergency fund and insurance coverage.
  • Effective delegation
  • clear communication with your team and clients 

    • Chapters:

    00:00 Introduction: The Importance of Business Protection

    00:45 Personal Experience: Overcoming Illness

    02:22 Planning Ahead: The Key to Business Continuity

    05:22 Leveraging Technology for Business Efficiency

    12:12 Delegation and Outsourcing: Sharing the Load

    13:46 Financial Preparedness: Securing Your Business

    17:12 Communication: Keeping Everyone Informed

    20:52 Conclusion: Ensuring Business Resilience

    ...more
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    Success In Mind; Motivation, and Inspiration for EntrepreneursBy Teri Holland
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