Is your business truly ready for an unexpected setback? In this episode, I dive deep into a topic that’s often overlooked but absolutely crucial for long-term success: contingency planning for your business finances.
Every business, no matter how successful, is bound to hit rough patches. But it’s not the setback that determines your business’s fate—it’s how you respond. Prepare to unpack practical, actionable strategies that go beyond hope and guesswork. This episode outlines why having a solid contingency plan isn’t about being paranoid; it’s about putting yourself in control, even when life throws you a financial curveball.
Here’s what you’ll get out of this episode:
-
Real talk on risk: Why it’s not a question of “if” something will go wrong, but “when”—and how to stop pushing this uncomfortable truth to the back of your mind.
-
Step-by-step planning: A breakdown of the essentials of building a contingency plan tailored to your business, from identifying risks and setting up emergency funds, to embracing flexible operations.
-
Actionable tips: Learn how to start saving for a rainy day—even when cash flow is tight—and why regularly reviewing your financials could save your business before trouble spirals out of control.
-
Team & solo advice: Whether you're managing a team or are a solo operator, I share how communication and preparedness can keep you steady in a storm.
-
Next steps you can take today: Not sure where to begin? I encourage you to take small, manageable actions this week—like assessing your business risks and starting that emergency fund.
If you want clarity, confidence, and peace of mind about your business’s future, this episode is for you.
Ready to take charge and future-proof your business? Hit play and learn how to transform setbacks into comebacks with a strong financial safety net!
👉 Love what you hear? Share this episode with another business owner who needs it, and make sure to subscribe so you never miss the important (and sometimes boring!) stuff that makes business great.
Popular Podcasts
Stuff You Should Know
If you've ever wanted to know about champagne, satanism, the Stonewall Uprising, chaos theory, LSD, El Nino, true crime and Rosa Parks, then look no further. Josh and Chuck have you covered.
Crime Junkie
Does hearing about a true crime case always leave you scouring the internet for the truth behind the story? Dive into your next mystery with Crime Junkie. Every Monday, join your host Ashley Flowers as she unravels all the details of infamous and underreported true crime cases with her best friend Brit Prawat. From cold cases to missing persons and heroes in our community who seek justice, Crime Junkie is your destination for theories and stories you won’t hear anywhere else. Whether you're a seasoned true crime enthusiast or new to the genre, you'll find yourself on the edge of your seat awaiting a new episode every Monday. If you can never get enough true crime... Congratulations, you’ve found your people. Follow to join a community of Crime Junkies! Crime Junkie is presented by audiochuck Media Company.
NFL Daily with Gregg Rosenthal
Gregg Rosenthal and a rotating crew of elite NFL Media co-hosts, including Patrick Claybon, Colleen Wolfe, Steve Wyche, Nick Shook and Jourdan Rodrigue of The Athletic get you caught up daily on all the NFL news and analysis you need to be smarter and funnier than your friends.