Is the backup plan just as important as the original business plan?

[Sotherefore]

Without the backup plan, the enetire business and it's original plan can go into shreds if situations or the odds in business go against you. So, yes, the back up plan for a business is as important as a part of the business plan itself

But I believe there are a lot of companies that have been operating perfectly without a backup plan, there is no so much danger if you do not apply a back-up plan in a business

 

[Richard92]

This is true. Having a backup plan will always give you a fallback when the going is not right in your business. Most big businesses do this and it is a great way to keep up with what is happening in your business world.

Yes the back-up plan is very important as the original plan it is a very important our plan that you need to execute.

 

[Ella1003]

When you have any business idea it is important that you consider and plan for the worst case scenario as well because there's always going to be factors that you cannot account for and therefore you have to be quick I'm thinking on your feet for having a contingency. For many business proposals that is not going to be smooth sailing and you will not get exactly what you have planned for. Sometimes it could be minor changes that need to be made to the business plan and other times it could be drastic changes that could greatly impact the way the business is being run.

It is for this reason that it is very important that every business plan have a backup plan as well in order to ensure that there is a contingency should things go wrong or should things be unpredictable. In my opinion the back-up plan that you have for your business is almost as important as the original business plan because it is your safety net and therefore it is important to have a good safety net to provide you with peace of mind and ensure that you are able to create a successful business.

Do you believe that a back-up plan is necessary or do you think that it is important to just stick to one idea and to plan that out there early and hope for the best?

A backup plan is even more important than the original plan and has to be very good because its what you fall back to when the initial plan fails

 

[BrolySSJ]

A backup plan is even more important than the original plan and has to be very good because its what you fall back to when the initial plan fails

Sometimes the initial plan does not have to fail in order to implement the back up plan and there are some business owners that actually use it together with the original plan as a means by which to enhance it.

 

[Ezekiel]

Any one who do no want to be cut up of shock should always have a plan 'B' expecially in business,from the word original,the back up plan cannot be same as the original plan but it is a plan to fall back at if the original plan is not working

 

[Josan]

The back up plan is very important as the business plan, the back up plan at some point is called the plan B. Now you need to have your savings from your business to make your plan B.

 

[Ceeny007]

The first choice is always the best choice but some would argue that if it was that good, there won't be a second..but what's common in business is alternative source of funding and not the business itself

 

[Josan]

The back up plan is the brain behind the growth and development of the business, that is what is keeping the business strong. So it's as important as the main plan itself.

 

[Heatman]

There is always the possibility of failure and any business which is why it's very important to have a backup plan or a contingency plan for your original plan in case it doesn't go well.

 

[Kubiat-Abasi]

I would say backup plan is equally important as the original plan. It's not advisable to put all your eggs in a basket. You need to have another strategy basking in its euphoria incase the original doesn't scale through. Having a backup plan doesn't mean you're not positive minded.

 

[Blessedsam60]

To my own understanding, back up plan is as important as the initial plan. Back up plan maybe regarded as plan B since you can always restructure your business and won't be an effect on you

 

[Joshua Idongesit]

the backup plan is what we use in rainy days or if there should be a problem in the main business, the backup is always there in wait untill it's been unleashed for the right duty.

 

[Jhayms07]

Yes and no. This is because the main business plan must have been critically evaluated and therefore the backup plan is just like a contingency plan if anything goes wrong. It isn't as solid as the main plan

 

[Ralphjoe]

The back up plan or idea is a safe ground to stand upon in case the plan A doesn't seem to work out the way you expected. The backup plan if a person into school business is if the school business do not bring the expected result, it would be transformed into a school. That's a very good plan B.

The business back-up plan is a very strategic plans that will buy the business during a time of turmoil and any business that has such kind of a plan in place would never feel too much pressure on his or her hand.

 

[Heatman]

The truth of the matter is that there is no guarantee that your initial plan will always succeed which is why it's very important for you to have a back-up plan.

 

[Kelly5]

Yes a backup plan is as important as the original business plan itself as they all fuse together to make the business workout successfully. It's just like the failsafe for the business in Case of necessity

 

[McIrx]

Football as a case study, a manager with no plan B is destined for the sack letter in due time. With the first 11 starting off the match, those on the bench are introduced to redirect or change the flow of a game in the team's favour. Though their is no plan B without plan A, a person relying only on plan A should be prepared for a rude shock.

 

[Blessingedidiong]

Having a backup plan is as important as the original plan for a business. The backup plan is needed in a case where the original plan didn't go as it was expected to go. And for the business not to collapse,the back up plan is brought into consideration.

 

[Immilash1]

Most of the times, things don't work out the way we plan, that's why it is always important to have a plan B and if possible a plan C. A lot of factors can affect your plans and when that happens you will have to work with your backup plan instead. Therefore a backup plan is way more important than even the original plan.

That's very true.most at times things don't work out as how we planned.therefore there is need to have many plans towards the business.if the other fails the the other won't fail you.

 

[Ub40]

Even though I don't have any business running at the moment, but I do know that the importance of a business plan in a business cannot be overemphasized as it shows the summary of how the business will be carried out. Because of its importance, one needs to have a back up plan or plan "B' in case the plan fails.