Are you Cross-training your Employees ?

Change is inevitable, however sometimes when that change happens to be a key employee working in a small business, the results can be devastating.

The University of Scranton SBDC works with small business owners on Business Disruption and Continuity Planning. This allows them to understand the importance of cross-training their employees so they can take on the job responsibilities of an employee who leaves or may be out of work for an extended period of time.

However, sometimes an employee may have specialized skills that make finding a replacement difficult. It can be a long and drawn out process. In those cases, a business might want to look into key employee insurance, which will help cover expenses associated with replacing that key employee if they are out of work for a long time.

Planning ahead for business disruptions is the key, because once something happens it’s too late.

For additional information or if you would like the assistance of the Small Business Development Center in getting prepared call us at 570-941-7588 or visit us on the web at www.scrantonsbdc.com .

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About The University of Scranton SBDC

The University of Scranton SBDC provides no cost small business consulting services that are tailored to fit the needs of small business clients of Bradford, Lackawanna, Monroe, Pike, Susquehanna, Tioga, Wayne & Wyoming Counties. The center offers confidential individualized assistance designed to identify and address the problems of small business owners as well as individuals interested in establishing a business. The program is jointly funded by the US Small Business Administration, Pennsylvania Department of Community and Economic Development and The University of Scranton.
This entry was posted in Business Continuity, business planning, Disaster Preparedness, Planning, SBDC and tagged , , , , . Bookmark the permalink.

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