If disaster strikes, your business may suffer a variety of consequences. Customers could quit, suppliers may withdraw support, and investors or capital sources could stop funding. These consequences could put pressure on the executives to ensure that the business is running smoothly. A well-planned business continuity plan can help your company survive any crisis.\n<\/p>\n
A business continuity plan identifies the essential functions that need to continue operating during a disaster and identifies the resources required to run those services. A business impact assessment (BIA) or risk assessment (RA) is an essential first step.\n<\/p>\n
The company has to decide what it will do in response to each threat that is identified, and how much time is necessary for each critical job. The next step is to create an emergency response plan. This is a detailed document with step-bystep instructions. The plan should contain contact information for emergency services and recovery strategies, and detailed steps to take.\n<\/p>\n