Continuity is an important aspect of any successful business. It also might be an aspect of business that you have been guilty of overlooking. When it comes to this consideration for a healthy and efficient business, it is helpful to have a business continuity plan in place to help prevent a lack of disruption in your company. But what exactly is a business continuity plan? Let’s take a look.
Business Continuity Plan
A business continuity plan is a plan that identifies those functions within your business that are essential to its livelihood and puts a plan into place to reduce the likelihood of disruptions in these functions in the event of a threat to your company such as a cyber attack or something similar.
What Does a Business Continuity Plan Need?
So what are the important features of a strong business continuity plan? Your continuity plan should feature such considerations as initial data pertaining to such things as contact information, outlined procedures in the event of a management plan, both the scope and purpose of your plan, guidelines, information regarding policies, information regarding the response and management of an emergency, procedures, checklists and a schedule for reviewing the plan for any needed updates or changes.
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