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Guidelines In Keeping Business In Times Of Crisis

By Alison MacDonald

Unlike big business concerns, small and home-based businesses with little or no reserved resources will be hard pressed to shift to a slow mode of operation when in the midst of an unforeseen bad business situation. People today have a far more hectic schedule and face more challenges and have to deal with more complexities. How do you plan to not only stay in business but to keep it moving forward if you are incapacitated and unable to work?

While you might be able to deal with this problem, you should as soon as possible insert in your plans preventive measures for this kind possibility. It would be good business sense to plan ahead for the times when you will not be able to personally supervise the conduct of your business. In such an event, are you going get professional help or ask your relatives to help, or opt for other options?

Technological advances make possible the automation and management of business from the home, and you should make the necessary preparation to enable you to do so if the need arises.

If you are going to have somebody manage your business on a temporary basis, make sure that your record and filing system is user friendly.

After your business is operational, you should be able to manage your business in various ways during difficult times.

Limit your attention on things that offer the best income potential. You can do this by knowing what is your Single Daily Action (SDA that would give you earnings, and to act on it immediately. You kind of business will determine what your SDA will be.

As an example, your SDA will be three additional content pages per day if you are in the website content business. Your SDA as a writer will be five written pages every day. As a direct sales or network marketing businessman, your SDA will be to connect with and talk about your business with five new people daily. And your SDA, if you are the owner of a local serviced based business, will be to initiate new contacts that will make known your local service-based business.

Assign to others and contract out such works that you cannot immediately attend to. If you need to hire some help, then do it!

Allow time for growth and development in your business, time off and heart centered associations. Look for other people you can relate with and who can go through these times with you. Give yourself some time off for relaxation after you have passed the crisis. The rest will do you good and make you ready to plunge right back to work with vigor and ready for the next challenge.

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Article Citation
MLA Style Citation:
MacDonald, Alison "Guidelines In Keeping Business In Times Of Crisis." Guidelines In Keeping Business In Times Of Crisis. 21 Aug. 2010. uberarticles.com. 19 Aug 2014 <http://uberarticles.com/self-improvement/leadership/guidelines-in-keeping-business-in-times-of-crisis/>.

APA Style Citation:
MacDonald, A (2010, August 21). Guidelines In Keeping Business In Times Of Crisis. Retrieved August 19, 2014, from http://uberarticles.com/self-improvement/leadership/guidelines-in-keeping-business-in-times-of-crisis/

Chicago Style Citation:
MacDonald, Alison "Guidelines In Keeping Business In Times Of Crisis" uberarticles.com. http://uberarticles.com/self-improvement/leadership/guidelines-in-keeping-business-in-times-of-crisis/


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