Opinions expressed by Entrepreneur contributors are their own. In today’s ever-changing business environment, business owners, entrepreneurs and franchise owners need to be prepared for the unexpected ...

Every business depends upon certain "givens," which range from retaining key personnel, to emergency planning, to credit arrangements. But what happens when a relatively young CEO is killed in an ...

During the last month, segments of my life collided with each other. It turned out to provide some useful reflections about the well versus the unwell life, and about childhood. I had an unexpected ...

We weren’t prepared, and our customers were counting on us to be there for them, power or not. We scrambled. This was a time before the cloud. We had to physically lift and move servers and computers.

Nobody wants a supplier to go out of business, lose key people or get acquired. But sometimes it happens. Who would have imagined that WorldCom or Arthur Andersen could disintegrate? In today’s market ...

A 2018 study from Tech Pro shows that 70% of organizations either have a digital transformation plan in place or are working on one. But what does this plan look like? There are generally four ...

If anything, tariffs and the coronavirus pandemic have taught purchasing personnel that sourcing strategies need to include some sort of fallback plan. In other words, OEMs shouldn’t be putting all of ...

The new age of business management has freed us from many capital procurement and business financing rules. While financial contingency planning has certainly become more flexible, it is important to ...