In today’s episode, we’re talking all about how to prepare your business for the unexpected.
Step #1: Get your processes and systems in place (like right now!)
This should be done regardless.
Write down your SOPs. It is great to have written SOPs AND videos, because it depends on someone’s learning style.
Step #2: Routinely Backup Important Information
Another item you should be doing no matter what!
At least back up your website once a month, more if you produce content or updates more often.
Other things you should backup include:
- Graphic templates
- Copy templates
We don’t like to keep all of our eggs in one basket. So we choose tools and use them for their strengths.
Online tools are great for this because you can access your files from anywhere.
Step #3: Establish an Emergency Fund (or Follow the Profit First Method)
You need to be prepared financially in case an emergency happens.
Profit First is great because we break down certain percentages for different purposes, include taxes and profit!
Step #4: Have A Contingency Plan in Place
You need to think about all the bad things that could happen, and how each of them should be handled.
This is not to be morbid. This is to get you prepared for anything.
You don’t want to leave your business, clients, customers, employees, etc. left hanging.
You most likely won’t have to use most of it BUT at least you will be prepared.
Step #5: Stay Realistic in Your Expectations
Don’t get discouraged if the unexpected DOES happen. Just know that it won’t last forever!
So tell us, what is your biggest takeaway from this episode.