Prepare for the Worst-Case Scenario

By Kimberlee Morrison

Opinions expressed by Entrepreneur contributors are their own.

Most of us believe there's no way to prepare for Murphy's Law but wouldn't it be nice if you could? Enter The Worst-Case Scenario Business Survival Guide, a guide for surviving the most dangerous business situations.

This isn't some thick theory heavy business text. Instead, the authors David Borgenicht and Mark Joyner have teamed up to provide a step-by-step guide for dealing with five core business emergencies: finance, HR, productivity, sales and marketing and executive.

Using a reference guide format, each chapter of this survival guidetakes on several possible scenarios--the worst-case--and maps out aplan for the best course of action. This is not a book you need to readcover-to-cover, however, it is intended to be a quick-reference toolfor addressing common business problems and other unforeseenemergencies. Things like avoiding "death by meeting," fending off anemployee coup and surviving when you can't make payroll.

While most of the time, the claim that "this book could save yourbusiness" would certainly be eye-roll worthy, this book is all aboutpractical application. Even if you think your business is doing well,you'll want to keep this book handy. Who knows, one day you might findyourself facing the possible demise of your business and The Worst-CaseScenario Business Survival Guide could be just the tool you need toensure your business gets through the crisis without being crushed.

Kimberlee Morrison is the startup and finance channel editor for Entrepreneur.com.

Want to be an Entrepreneur Leadership Network contributor? Apply now to join.

Franchise

The 10 Best Franchises to Open in 2018

Here's everything you need to know about the startup costs, training and investment opportunities from the top 10 companies in our Franchise 500.

Business News

A New Hampshire City Was Named the Hottest Housing Market in the U.S. This Year. Here's the Top 10 for 2024.

Zillow released its annual lists featuring the top housing markets, small towns, coastal cities, and geographic regions. Here's a look at the top real estate markets and towns in 2024.

Business Ideas

63 Small Business Ideas to Start in 2024

We put together a list of the best, most profitable small business ideas for entrepreneurs to pursue in 2024.

Business News

'We're Not Allowed to Own Bitcoin': Crypto Price Drops After U.S. Federal Reserve Head Makes Surprising Statement

Fed Chair Jerome Powell's comments on Bitcoin and rate cuts have rattled cryptocurrency investors.