21/07/2026
Business Planning
What would happen if your biggest customer walked away tomorrow? Or a key supplier suddenly became unavailable? Or new regulations disrupted your industry?
Would your business be ready?
If your answer is, "We'd probably work it out," or "We have a rough idea," then now is the time to close that gap before the end of 2026.
Here are three practical steps you can take today:
1. Identify your business essentials.
Determine the minimum cash flow, staffing levels, and operational capacity needed to keep your business running under any circumstances.
2. Develop three financial scenarios.
Create an optimistic forecast, a realistic (base case) forecast, and a worst-case scenario. More importantly, define the actions you'll take for each scenario so decisions have already been made before they're needed.
3. Turn contingency planning into action.
A contingency plan shouldn't sit on a shelf. Test it. Run through realistic scenarios with your team so everyone knows what to do if the unexpected happens.
The objective isn't to predict the future—it's to ensure you're not making your most important decisions for the first time in the middle of a crisis.
Ask yourself: What's the one scenario your business is least prepared to handle right now?
