I know in your head you already have the answers to this problem. You must be thinking “The business will crash”. That is very true but there may probably be other things that can happen to your business when you don’t prepare ahead of crisis.
Remember, wise people foresee crisis and ask the magic question “What If”. When you ignore this, any of the things listed below could happen to your business:
- It may crumble (This you guessed right).
- It may lose its place in the market.
- Hardship can become the order of the day.
- It will lose out on opportunities that could push it to the next level.
- It may become really hard and frustrating to handle because it is lagging behind.
- You may lose your business to people who can handle it better.
If this is the first episode you are coming across, I advise you go through the other episodes in order for you to gain a better understanding of how we got here.
I hope this series was helpful? Kindly share your thought or contributions, we would love to hear from you.