A Remarkable Insight On The Need To Make A Contingency Plan

In a world where business and economic situation is unpredictable, market prices changes over time and there is either stability or optimum outcome to some business venture. Sometimes, deadly disease struck a nation and the government fighting hard to put an to it. Unlike the COVID-19 pandemic that affects world economies, pushing some countries to economic meltdown.

Individual businesses, groups of companies lost massive amount of money due to government restrictions, employees being sacked from their places of work and businesses closed down thereby giving way to lost of jobs to many people.
The unfolding situation could be somehow annoying and frustrating especially when there is no alternative plan to salvage the situation.

This is why there is a need for any individual to make a contingency plan important. This could be achieved through business interruption insurance. Business interruption insurance is one of the ways of protecting a business as against loss of profit or unlikely circumstances that may occur at a time.
" embrace uncertainty. Some of the most exciting moments in life take us completely by surprise"- Lori Deschene
"if you don't design your own life plan, chances are you'll fall into someone else's plan. And guess what they have planned for you? No much"-Jim Rohn

It is pretty much advisable to set aside anything that is invaluable and plan ahead in case of uncertainty.
"Don't just sit there. Do something. The answer will follow"-Mark Manson