How can a business position itself to be able to adjust to regulatory changes?

[King Belieal]

They say that adaptability is one of the key attributes of a business that would be successful. One situation that might require a business to quickly adjust is changes in regulatory landscape. What measures can a business take to be able to adjust to regulatory changes when they happen?

 

[Fidelia]

A business would need to associate with other businesses in the industry to gain insights on how to adapt to changes in legal framework that might happen to the industry.

 

[Augusta]

It is by having a back up plan. This is why business planning us good you should have your plan and a backup plan in place too