{"id":933,"date":"2018-01-18T00:00:00","date_gmt":"2018-01-18T00:00:00","guid":{"rendered":"https:\/\/www2.businessbroker.net\/blog\/2018\/01\/18\/crisis-management\/"},"modified":"2018-01-18T00:00:00","modified_gmt":"2018-01-18T00:00:00","slug":"crisis-management","status":"publish","type":"post","link":"https:\/\/www.businessbroker.net\/blog\/buying-a-franchise-or-business\/crisis-management\/","title":{"rendered":"Crisis Management"},"content":{"rendered":"<p>Business owners know they can write plans and then sit back and watch them develop, with no worries, until time to make plans again.&nbsp; Right?&nbsp; NOT!&nbsp; Change happens, sometimes causing a crisis situation.&nbsp; We have all heard the saying that change is inevitable; it is how we deal with it that makes the difference.&nbsp; A business owner must be big enough to admit his or her mistakes, smart enough to profit from them, and strong enough to correct them.&nbsp; Anytime things appear to be going better, you have overlooked something.<br \/>\n<span> <\/span><\/p>\n<p>There are different types of crisis situations you could have in your business, many of which you have no control.&nbsp; Some familiar to you are the following:<\/p>\n<p>&bull;<span> <\/span>Natural Disasters, including tornadoes, hurricanes, volcanic eruptions, floods, landslides, storms, droughts, and earthquakes.<\/p>\n<p>\n&bull;<span> <\/span>Technological Crisis, including software failures and oil spills.<\/p>\n<p>\n&bull;<span> <\/span>Confrontations Crisis, including boycotts, picketing, and sit-ins.<\/p>\n<p>\n&bull;<span> <\/span>False Rumors that hurt the business.<br \/>\n<span> <\/span><\/p>\n<p>Crisis management is basically reaction to rapid, unexpected change.&nbsp; Most of you reading this have small businesses and are responsible for dealing with any crisis that comes up.&nbsp; You quickly analyze the situation, decide on an appropriate strategy for coping with the situation, and, if necessary, prepare a press release outlining your plan.&nbsp; You may just simply analyze the situation and take the steps immediately to correct the situation.&nbsp; If a crisis is small, it may be possible to make the correction immediately on the spot.&nbsp; You will probably correct more crisis situations that way than with a major production.<br \/>\n<span> <\/span><\/p>\n<p>Although all crisis situations cannot be avoided, there are things you can do to minimize them when they happen.&nbsp; As we have discussed in many articles, planning is essential.&nbsp; A well-written business plan gives you goals with timelines to follow.&nbsp; This can eliminate or reduce the risk of problems.&nbsp; Changes beyond your control do occur, however, and must be dealt with, many times immediately.<br \/>\n<span> <\/span><\/p>\n<p>In the event of any crisis, one (and only one) person should be the spokesperson for the business to avoid incorrect information going out.&nbsp; The owner should either be the spokesperson or choose the person for that position.&nbsp; &nbsp;<\/p>\n<p>Most people dislike change, so they sometimes procrastinate about dealing with it.&nbsp; Procrastination is one of the worst enemies of success.&nbsp; Because it is a real obstacle to dealing with a crisis and managing time well, we will look at some ways to combat it.<\/p>\n<p>&bull;<span> <\/span>Acknowledge the problem.&nbsp; Admit you are stuck on how to handle the crisis and know you need to get moving.<\/p>\n<p>\n&bull;<span> <\/span>Do something.&nbsp; Start with the easiest part of the job and work on it for a few minutes.&nbsp; At the end of this time, you can quit and try again or just keep going.<\/p>\n<p>\n&bull;<span> <\/span>Break up the task.&nbsp; Divide the work you need to do into smaller chunks.&nbsp; If possible, assign some of these chunks to employees, especially if those employees are familiar with the crisis and were working where it occurred.<\/p>\n<p>\n&bull;<span> <\/span>Get Psyched.&nbsp; Tell yourself how great you will feel when you have finally solved the crisis project you are avoiding.<\/p>\n<p>\n&bull;<span> <\/span>Promise a reward to yourself and others assisting.&nbsp; Do something nice for yourself and others helping when you are done.&nbsp; Promise yourself a special meal, a bonus, or anything you would consider a treat.&nbsp;<\/p>\n<p>As a business owner, you are a manager; and, as a manager, you will sometimes have a crisis to manage.&nbsp; Hopefully, things will go smoothly for you and your business, with mostly normal days.&nbsp; That is what we all hope for, but it is important to be prepared for any unexpected problem.&nbsp; Remember to stay calm, focused, and confident.&nbsp; No business owner looks forward to facing a situation that causes disruption to his or her business.<\/p>\n","protected":false},"excerpt":{"rendered":"<p>Business owners know they can write plans and then sit back and watch them develop, with no worries, until time to make plans again.&nbsp; Right?&nbsp; NOT!&nbsp; Change happens, sometimes causing a crisis situation.&nbsp; We have all heard the saying that change is inevitable; it is how we deal wit<\/p>\n","protected":false},"author":3,"featured_media":187,"comment_status":"closed","ping_status":"closed","sticky":false,"template":"","format":"standard","meta":{"footnotes":""},"categories":[5],"tags":[],"class_list":["post-933","post","type-post","status-publish","format-standard","has-post-thumbnail","hentry","category-buying-a-franchise-or-business"],"yoast_head":"\n<title>Crisis Management - Blog<\/title>\n<meta name=\"description\" content=\"Crisis Management - Read now on BusinessBroker.net&#039;s Blog\" \/>\n<meta name=\"robots\" content=\"index, follow, max-snippet:-1, max-image-preview:large, max-video-preview:-1\" \/>\n<link rel=\"canonical\" href=\"https:\/\/www.businessbroker.net\/blog\/buying-a-franchise-or-business\/crisis-management\/\" \/>\n<meta property=\"og:locale\" content=\"en_US\" \/>\n<meta property=\"og:type\" content=\"article\" \/>\n<meta property=\"og:title\" content=\"Crisis Management\" \/>\n<meta property=\"og:description\" content=\"Crisis Management - Read now on BusinessBroker.net&#039;s Blog\" \/>\n<meta property=\"og:url\" content=\"https:\/\/www.businessbroker.net\/blog\/buying-a-franchise-or-business\/crisis-management\/\" \/>\n<meta property=\"og:site_name\" content=\"Blog\" \/>\n<meta property=\"article:published_time\" content=\"2018-01-18T00:00:00+00:00\" \/>\n<meta property=\"og:image\" content=\"https:\/\/www.businessbroker.net\/blog\/wp-content\/uploads\/2022\/12\/stoppingdominoes.jpg\" \/>\n\t<meta property=\"og:image:width\" content=\"700\" \/>\n\t<meta property=\"og:image:height\" content=\"465\" \/>\n\t<meta property=\"og:image:type\" content=\"image\/jpeg\" \/>\n<meta name=\"author\" content=\"Punith Kumar\" \/>\n<meta name=\"twitter:card\" content=\"summary_large_image\" \/>\n<meta name=\"twitter:label1\" content=\"Written by\" 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