Don't Forget Plan B and C

One of the biggest problems small businesses make is to fail to consider all the ways the business can possibly go wrong and establish a plan B (or C, or D). A business owner or entrepreneur must have a back-up plan for several possible scenarios: your product doesn't work the way it should; your customer base is not interested in your service; a global recession hits the day you go live, etc. This exercise will inevitably help you deal with the many smaller issues that will come up.