Is your business prepared for a disaster? Just as big corporations, small businesses need to take the time and expense to prepare for any occurrences that might disrupt its operation. While many businesses’ concerns used to revolve around weather elements or natural disasters in the past, data breaches, loss of revenue, and unplanned expenses pose a more immediate threat today. That said, here are tips to help create a continuity plan for your business.
Identify Potential Threats
Your business continuity plan may apply in several cases, from employee strikes, power outages, to cyber-attacks on your computer networks. However, identifying and evaluating these threats holistically can help you better prepare for each possible contingency.
Establish an Emergency Preparedness Team
It’s a good idea to assign the emergency preparedness responsibilities to a team. Select a few individuals or create a committee to take charge of this project. However, have one influential person to lead the continuity planning process, and he/she should be given the authority and the mandate to issue emergency directories. Just as it is with other business aspects, emergency preparedness relies on the following:
- Creative alternatives to unique challenges
- Ability to identify with organizational objectives
- Reliable decision-making process
- Solid research on the risks
- Effective emergency communication
Identify A Temporary Worksite
Just as it’s not advisable to put all your eggs in one basket, it would be beneficial to plan for a temporary worksite. Is it possible for your business to continue its operation if its office shuts down? Well, depending on the services or goods your business offers, you can consider storing some crucial products, equipment, and other critical resources in a secondary location.
Preserving Your Data
To prepare for a disaster adequately, it is essential to make a list of the different types of disasters and try to establish what could be lost in every case, and what you can be done to prevent the loss. Identify all essential documents, systems, and data and strategize to save what is most important. For example, while it’s essential for every business to regularly back up their data, what if there was a fire outbreak that destroyed your office? From this standpoint, offsite storage is vital to preserving your business’s valuable information. Identify other essential items and come up with a way to keep them safe or formulate an easier exit in case of a disaster.
Test Your Plan
The critical factor to successful disaster recovery is putting your business continuity plan to the test regularly. It’s essential that you and everyone in the organization are on the same page. Your staff should know exactly where to go, what to do, and how to access the crucial items needed to keep the business running smoothly, especially when you’re standing in the middle of a disaster.
Although no one can tell what the future holds, being ready with a sound business continuity plan goes a long way in securing your business future. The plan will help improve overall efficiency and enable you to allocate the right human resources and financial support to keep your firm up and running even in serious disruptions.