Learn how Fiedler’s contingency theory can help leaders engage their team more, leading to better performance. Plus, other ...

A contingency plan is a backup plan, activated in the event of a disaster that disrupts a company's production and puts employees in danger. The goal of the plan is to safeguard data, minimize ...

A contingency fund is money reserved to address unforeseen financial circumstances in a business. This can include an opportunity to purchase a large asset at a reduced cost, or an emergency, such as ...

Contingency plans can focus on going forward: expanding sales and production. Or they can focus on the downside: cutting expenses in a slowdown. This article will focus on the sideways contingency ...

Construction risk management is a process of identifying and evaluating the unique risks that each project presents. Crucial to the evaluation is developing methods to mitigate the impact of risks to ...

I suggest rolling through the five areas listed above and identifying contingencies that are somewhat likely and would require a major change in the business. A company could have over a dozen major ...

An appraisal contingency is a clause in a real estate purchase contract that provides options for buyers if the estimated value of a property is lower than their offer. When you borrow money to buy a ...

Ebony Howard is a certified public accountant and a QuickBooks ProAdvisor tax expert. She has been in the accounting, audit, and tax profession for more than 13 years, working with individuals and a ...