No one may know when an emergency will occur, but that doesn’t mean you can’t have a plan in place to react to one when it happens. Create a list of the most likely things that may occur and consider how each might be handled. Share these thoughts with someone else at the business, because an emergency might not always occur while you’re reachable.
And, unlike a company credit card, you can make sure that the emergency is being dealt with in the most cost effective way possible before transferring over the needed funds. This gives you an added level of control over what might otherwise be an uncontrollable situation.
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