Business

Contingency Plan Basics: Vital Steps for Contingency Planning

Written by MasterClass

Last updated: Oct 3, 2022 • 4 min read

A solid contingency plan can be developed for standard system disruptions or worst-case scenarios. For most businesses, a good plan can mean the difference between success and failure, so it’s important to always have one in place. Read on to learn the importance of contingency planning.