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It’s vital for companies to have a backup plan for disaster, as no one can really predict when they will strike. The most common plan businesses integrate is a business continuity plan or BCP which will ensure that your business can continuously operate and deliver products or services even when catastrophe occurs. If you don’t have an existing BCP for your company, it’s time that you considered creating one. This is true for every business, whether a startup or established, big company that has been operating for years.
Having a BCP for your company has several benefits. One of the most obvious is that your business can continue its everyday operations, thus allowing you to keep making sales. Aside from this, there are other advantages:
Since every business is unique, there’s no single BCP that works for all. However, there are common factors that must be considered by every company when devising one.
After determining which products, services, and functions are most vital to your business, you can start creating a plan on what to do in the event of a disaster. It should clearly tell the process that must be followed, as well as the specific roles of individuals. There are existing sample plans that you can find on the Web and you can follow the format of a business in the same industry and customize the plan to suit your individual company.
Your BCP plan must be studied carefully for quality. Every area should be reviewed properly to ensure the plan is a success. Since the needs and processes of the company may change, it’s also important to review the plan once or twice a year to ensure that it’s still appropriate for your business.
If you are truly serious about establishing business security, a BCP isn’t a process that you can easily neglect. Remember, you never know when a disaster can strike! The sooner you get a plan of action, the better. Contact us today to see how we can help you develop a plan that will work for your business.
Published on 4th March 2014 by Jeanne DeWitt.