Small businesses more prone to hardship if founders fall ill
Small catalog printing companies in Red Deer, Alberta, will face challenges at keeping up their day-to-day business operations if any of their founders suddenly come down with a prolonged illness. While said catalog printing companies offer great services, their brain trust is often invested in only one person. Such problems with keeping the company going are best typified at businesses like Calgary’s Print Audit, which produces tracking software designed to help companies cut down on printing costs.
Print Audit’s CEO, John MacInnes, has admitted that he has not even written much down in the way of instructions or a chain-of-command in the event that he should become incapacitated. Despite the fact that he hasn’t even verbalized much regarding the same issue, he does say, however, that he has been weighing the succession issue in his mind with greater frequency in the last little while.
Though MacInnes has made no official preparations as yet, he assures that the process to make plans for a successor would not be that complicated.
The reason that many small businesses fail to develop a plan for a successor to take over in the worst case scenario is because they simply fail to exercise far-sightedness. There are many aspects to running a small business, and lots of them are more pressing than any contingency plans for an illness. However, any small business to expect the unexpected, and have plans in place to cope with it if it happens.
While the small catalog printing firms in Red Deer, Alberta, excel at providing great services to clients, working on a succession plan should become a higher priority.
Print Audit’s CEO, John MacInnes, has admitted that he has not even written much down in the way of instructions or a chain-of-command in the event that he should become incapacitated. Despite the fact that he hasn’t even verbalized much regarding the same issue, he does say, however, that he has been weighing the succession issue in his mind with greater frequency in the last little while.
Though MacInnes has made no official preparations as yet, he assures that the process to make plans for a successor would not be that complicated.
The reason that many small businesses fail to develop a plan for a successor to take over in the worst case scenario is because they simply fail to exercise far-sightedness. There are many aspects to running a small business, and lots of them are more pressing than any contingency plans for an illness. However, any small business to expect the unexpected, and have plans in place to cope with it if it happens.
While the small catalog printing firms in Red Deer, Alberta, excel at providing great services to clients, working on a succession plan should become a higher priority.