Crisis events never happen at an opportune time. They always happen when we are the least prepared.

It behooves Entrepreneurs to think ahead and develop with their management team a Crisis Management Plan. Such a plan should anticipate events that could result in a crisis or crises; develop alternate scenarios to respond to such situations; designate key personnel to manage different options; and conduct training and practice sessions to rehearse potential responsive actions.

While hindsight is often accurate, it is  ususally too late. A little foresight can mean the difference between success and failure.