Small business owners spend little time thinking about human resource risks, although the absence of key personnel can be devastating to a small business. By leading small business owners through the process of writing a contingency plan, Extension professionals can help business owners reduce these risks. A contingency plan helps business owners identify the best possible risk management strategies and ensure that risk management dollars are spent wisely.
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Marshall, M. I., & Alexander, C. (2006). Using a Contingency Plan to Combat Human Resource Risk. The Journal of Extension, 44(2), Article 21. https://tigerprints.clemson.edu/joe/vol44/iss2/21