Managing virtual team members in different locales is becoming more and more common for companies which, thanks to the Internet, are no longer restricted in outsourcing to top talent.
10) Know job seeking habits. IT professionals rarely start a job search without some type of game plan. They begin by reassessing their strengths, career goals and interests. They'll also reconnect with their network.
What is most valuable in your business? Is it your talent, your equipment or your physical plant? Chances are, it is your reputation, which can quickly be undone in the event of a crisis. Whatever crisis may occur – fire, flood, employee misconduct, product recall, data breach, alleged criminal activity, financial irregularities – the key is to be ready for it.
10) Develop a business plan. A business plan doesn't have to be long, but it should provide a road map for where the business is going. Is the business model viable? What is the unique selling proposition? How is cash generated and when?