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Contingency Planning | N2Growth Blog

N2Growth Blog

This is so much the case that the most often overlooked aspect of strategic planning is adequately addressing contingencies as part of the planning process. The two most common outcomes created by a lack of contingency planning are: 1.) watching things grind to a halt as you scramble to evaluate options, and; 2.)

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6 Tips to Avoid Issues During Your Commercial Move

Strategy Driven

Businesses in such thriving environments often face the need to move, whether for expansion, to tap into new markets, or to enhance operational efficiency. Without proper planning, businesses risk operational disruptions, financial losses, and a negative impact on customer relations.

Tips 93
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Strategies for Successful Business Finance

Strategy Driven

Effective financial management is a cornerstone of successful business operations. A well-crafted financial plan considers revenue projections, cost estimates, cash flow management, and growth strategies. It provides a roadmap that guides decision-making and helps the business adapt to changing market conditions.

Finance 93
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Behind the Scenes: The Critical Work of Freight Forwarders

Strategy Driven

Freight forwarders leverage their knowledge of international shipping regulations, market conditions, and transportation options to facilitate seamless global trade. Coordination and Planning Route Planning: Freight forwarders meticulously plan the routes for shipments, considering factors such as cost, speed, and reliability.

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The Big Picture of Business – Business Success Checklist

Strategy Driven

When you own and operate a business you need to have certain procedures for an efficient and seamless function. Sometimes the difficulty of managing your time makes for a haphazard operation. An inefficient operation results in unproductive activities which often miss the point and worse yet, result in wasted time and wasted resources.

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How Can You Shield Your Small Business From Disaster?

Strategy Driven

While you can’t completely insulate yourself from every single eventuality, there are steps you can take to ensure that you have the right insight and contingency plans in place should the worst happen. Getting the right insurances for your business should never be an area where you cut corners. Make Time To Look After Yourself.

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Why Quants Should Manage Your Supply Chain Risk

Harvard Business Review

When Thai flooding created significant shortages in the hard disc drive market, manufacturers lost millions of dollars. This lack of comfort with both the quantitative aspects of risk and the more sophisticated options available to operational executives is (in some industries literally) dangerous.