Opinions expressed by Entrepreneur contributors are their own. Have you ever heard the maxim, “Hope for the best, but prepare for the worst”? As an entrepreneur , that’s exactly how you should operate. Nobody ever expects to fail, but if you’re not prepared for it, you could be in for a rude awakening. And if you do succeed, you’ll be that much more able to manage business risks down the road. What does planning to fail look like? These five steps can save your bacon — and boost your success . 1. Have a savings safety net Putting up […]
