Torrential rain and trojan viruses: there's a lesson for us all in a couple of small business calamities I encountered on holidays.
Scenario #1: the local tennis pro, whose business is built around the fun and frivolity of outdoor activity, cops the most brutal rain since Noah launched his ark. Okay, the former stopped after 24 hours (Noah's lasted longer), but it was enough to seriously stifle the roll-up for a three-day tennis clinic.
Scenario #2: a business consultant downloads photos from a friend's USB onto his laptop and ... wham! His computer is the new home of a violent trojan virus. Even a panicked check of his virus scan updates can't save all the data on his computer from the malicious infection.
While the tennis pro took the rain in her stride (she hastily organised some indoor activities for a shortenend session), and the business consultant was able to retrieve the essentials for an impending presentation from his email, both scenarios reinforce why we should all mitigate our business risks.
How? Firstly, planning is crucial. Ask yourself: what are the biggest risks to my business? Is it your health, technology, weather, production or staff hiccups? Some of these are within your control, while others aren't. But that doesn't mean you can't plan for what you'll do if they ever crop up.
Secondly, put systems for your record keeping and information back-ups in place so that your business can weather any storm.
Regular attention to these details will help you sleep at night.
Margie
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