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The 3-Step Emergency Plan Every Entrepreneur Needs

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This story appears in the June 2016 issue of Entrepreneur. Subscribe »

If you’re like pretty much every business owner I’ve ever met, you can’t stomach the idea of abandoning your business. But if an accident or illness knocks you off your feet, and you’re not prepared for it, you can go from six-figure monthly revenues to squat overnight. And yet, you’ll still need to pay your mortgage, business vendors and payroll. Can you do it? If you don’t have a backup plan, turn the page -- you’ll find the three financial steps you should take today to protect you tomorrow.

 

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