Business Contingency Planning

“In the middle of difficulty lies opportunity” (Albert Einstein) There has been much speculation in the press over the last couple of weeks about a double dip recession. Whilst no one can predict with certainty when, or indeed if, it will happen, one thing is for sure the likelihood has significantly increased. I hope and pray, like you, that it doesn’t happen but I must prepare myself for the fact … Continue reading

10 Things To Include in Plan B

Here are 10 things to consider when developing ‘Plan B’ Honestly and rationally assess where your product or service is in its lifecycle. Is it really a product fit for mass production and marketing or is it an early stage prototype requiring more investment? This will help prioritise resources. Define the core skills and processes required for the business at this stage. Do you need an expensive business development director … Continue reading