A small business can be negatively impacted by all sorts of changes or events, from natural disasters to entrance of new competitors into a market. A contingency plan is a document that outlines how a ...

A contingency plan is a backup plan, activated in the event of a disaster that disrupts a company's production and puts employees in danger. The goal of the plan is to safeguard data, minimize ...

Since business plans can never foresee all eventualities, good planning provides for contingencies to address unexpected events. In marketing plans, projections for sales, revenue and market reaction ...

On Oct. 27, 2009, the National Institute of Standards and Technology (NIST) Information Technology Laboratory (ITL) Computer Security Division (CSD) published Special Publication (SP) 800-34 Revision ...

Construction risk management is a process of identifying and evaluating the unique risks that each project presents. Crucial to the evaluation is developing methods to mitigate the impact of risks to ...

Rapid and violent disruption to supply chains, trade partnerships, technology stacks, and global markets is plunging midsize companies into a period of high unpredictability. While no one ever wishes ...

A disaster recovery plan is like insurance—you’re glad you have it, but you hope you never need it. With automobile insurance, you pay a regular fee so that you are covered if you have an accident. In ...

Opinions expressed by Entrepreneur contributors are their own. This year’s flu season is hitting the U.S. harder than normal. All those coughs and sneezes could put the brakes on your company’s ...

The novel coronavirus pandemic has affected the way people operate. With almost all US states declaring states of emergency, a national emergency, and more than 4,700 confirmed cases of COVID-19 and ...

Before 2020, contingency planning and crisis management were mostly academic exercises. Disasters, shutdowns and breaches happened, but many companies seemed to hum along for decades only addressing ...

Fred Schaard’s overseas vacation during the fall of 2008 was a far cry from what he had envisioned. Instead of relaxing, he spent the bulk of his time trying—often unsuccessfully—to communicate with ...