Entrepreneurship Lessons for Success (Collection) by Hess Edward D. & Goetz Charles F. & Ireland R. Duane & Barringer Bruce

Author:Hess, Edward D. & Goetz, Charles F. & Ireland, R. Duane & Barringer, Bruce [Hess, Edward D.]
Language: eng
Format: epub
Publisher: Pearson Education (US)
Published: 2012-02-26T22:00:00+00:00

Managing the Unexpected

You need a contingency plan for major risks. For example, with our sandwich shop, what do you do if

You do not receive delivery one morning of your food supplies?

Your refrigerator breaks down?

You have a fire?

Half of your employees stay home sick?

A customer finds a hair in his sandwich?

Your toilet overruns?

You are very sick with the flu?

Your child has an emergency at school?

The electricity in your store goes out?

A customer faints?

An employee cuts himself?

For your contingency plan, you need to have thought through what you would do in each case if one of the listed events occurred. You need emergency phone numbers posted for cases of fire, health emergencies, and accidents. If one of these events happens, you need to be prepared ahead of time.

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