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Making Changes in Your Business? Have a Back-up Plan

I often encourage taking calculated risks and making changes in your home business. The fact is, change is inevitable and we can either embrace and use it to our advantage or fight it and drag our feet when it is time to expand or grow our home businesses and make adjustments. Even when you are embracing change and charging toward the future, however, I think it is a good idea to have a back-up plan “B” tucked away in your pocket.

You may be concerned that having a back-up plan means that you do not have complete faith in your original plan for change or improvement. This does not have to be the case. It can really just mean that you are looking out for your business and having an alternative plan is just a reasonable away to approach things—especially if the change you are considering is something major. Having a back-up plan does not have to keep you from putting your all into your first plan, or cause you to feel extra-cautious. In fact, I find that knowing I have another idea to fall back on gives me MORE courage and more gumption to go out and head into the future with my goals.

As you are planning for how to implement change, consider the ways that it could run into snags or go wrong, this will help you to develop the back-up plan as well. For example, if you decide to expand into a new market and are budgeting for a certain amount of revenue increase, what if you don’t make your mark? Planning to simultaneously work to bump up the existing customer purchases may help to offset your original plan and keep it from being a hard hit if you don’t make your goal. Plan A and Plan B can work together to help you make the change you need to make.