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 ...

Every business depends upon certain "givens," which range from retaining key personnel, to emergency planning, to credit arrangements. But what happens when a relatively young CEO is killed in an ...

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 ...

The City of Amarillo said thanks to conservation efforts and help from other entities, it is lifting stage 1 of its drought ...

For years, we have talked about the skilled labor shortage as a future challenge. From my perspective working in facilities ...

The Treasury Department posted a contingency plan Monday for the Internal Revenue Service in the event of a government shutdown this week. Processing Content Under the plan, all employees would be ...

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 ...

The risk of an economic downturn is high, with economists surveyed by The Wall Street Journal estimating a 61% probability of a recession beginning sometime in 2023. Business contingency plans for ...

Nobody wants a supplier to go out of business, lose key people or get acquired. But sometimes it happens. Who would have imagined that WorldCom or Arthur Andersen could disintegrate? In today’s market ...