Week 27 (Day 6): Emergency Fund and Contingency Planning

Risk Management and Insurance
Written By Brandy Sparkman

Day 6: Implementing Contingency Planning

  • Take Action

  • Helpful Tip

  • Free Resource

Week 27 Day 6 Action Plan

Today, let's explore the practical implementation of contingency planning. Executing well-thought-out strategies can mitigate the impact of unexpected events on your business.

Take Action: Implementing Contingency Strategies

  • Initiate the implementation of strategies outlined for different contingency scenarios.

  • Communicate contingency plans with key stakeholders or employees if applicable.

Helpful Tip:

  • Regularly test and update your contingency plans to ensure their effectiveness.

Free Resource:

Stay in Touch

Congratulations on completing Week 27!

Tomorrow we will recap our lesson and actions for the week, happy financial management!

 
Brandy Sparkman
Previous

Week 27 (Day 7): Emergency Fund and Contingency Planning
Next

Week 27 (Day 5): Emergency Fund and Contingency Planning