Legal-Ease: What to do when the plan fails

Successful people both plan for success and for less-than-ideal circumstances. When a plan fails, it’s important to engage in three big steps.

First, don’t just bury your head in the sand. Second, be proactive and gets plans in place early. Finally, be open-minded and be willing to accept help from others.

Being in business when times are good can be incredibly fun and fulfilling. However, nothing in this earthly world is permanent. As a result, everything can change, and everything will change. Successful people prepare for success. Successful people also prepare to face and overcome less-than-ideal circumstances.

A prime example of business challenges has presented itself to our region’s farmers this spring. This year’s perfect storm of unceasingly wet weather, depressed commodity prices and overall uncertainty are moving many farmers from Plan A to Plan B to Plan C and so forth.

Read Lee’s full post about planning ahead for less-than-ideal situations in the Lima News here: Legal-Ease: What to do when the plan fails

Source: LimaOhio.com, “Legal-Ease: What to do when the plan fails,” by Lee R. Schroeder, June 1, 2019

Lee R. Schroeder is an Ohio licensed attorney at Schroeder Law LLC in Putnam County. He limits his practice to business, real estate, estate planning and agriculture issues in northwest Ohio. He can be reached at [email protected] or at 419-659-2058. This article is not intended to serve as legal advice, and specific advice should be sought from the licensed attorney of your choice based upon the specific facts and circumstances that you face.

Posted in Business Law, General Law and tagged .