Sunday Biz TiP: Reflection: One thing we do not like to do is think about what happens if......So the majority of us don't. Emergencies and bad things happen...as responsible and caring business owners we need to have an action plan when problems occur. Being prepared does not prevent disaster...it does help to cope, heal and restore.
This week I will be concentrating on some of the things you need to think of when problems occur. Whether you are a home based business or Walmart...life happens. The right planning makes all the difference in the world.
First thing to do...LOOK AT YOUR INSURANCE POLICIES. Home, business, personal, liability, car etc. Do you understand what the polices are saying. IF NOT ....CALL your agent and sit down with her and make sure you know your coverage and risks.
IF YOU ARE HOME based...make sure your office and all equipment is covered. We often leave ourselves exposed and vulnerable.
I cannot emphasize this enough Make sure you understand your policy and risks.
Business Tips from the Empress of Biz Host, JoAnn R. Forrester, Award Winning Serial Entrepreneur, Business Growth Specialist, Financial Mentor and Small Business Women and Minority Business Advocate.
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