Step 7: Recovery Plan

The recovery plan sets forth the strategies that will be used to achieve financial recovery.

Recovery Plan Activities

A Portfolio of Strategies

Follow a process to evaluate potential recovery strategies and select a limited, balanced grouping of the most promising.

A Comprehensive, Yet Concise Format

A recovery plan need not be an overly formal or large document.

Communicate Effectively

Communication is important so that the right people understand and support the recovery plan.


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