In this guide
19 · Prepare for a business crisis
Predetermine initial actions in case of demand decline or cost shock.
Put it into practice
- Update cash forecasts and critical commitments
- Rank actions by impact and reversibility
- Assign owners and review indicators weekly
Further reading: SBA · Business planning resources ↗
Prepare a disruption response
Imagine your main supplier cannot deliver for two weeks. List affected orders, alternative options, cash exposure and customer communication responsibilities. Decide who can approve a substitute and when the situation must be escalated.
Your worksheet
Trigger; impact; owner; first action; customer update; backup; recovery check.
Check your work
A useful response plan names people and decisions. Review it after a tabletop exercise and record gaps.
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