Creating A Business Continuity Plan

Creating A Business Continuity Plan-3
Besides other obvious physical disasters such as flooding or wind damage, consider the damage that could result from theft, for instance.

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Take into account the experiences of businesses in your geographic area and industry when determining the most likely catastrophes that could affect your company.

Consider the effects on your company's relationships and work force if a key executive or yourself passed away unexpectedly.

Determine the core processes required to keep your business model profitable, and create plans to get these areas of operations up and running as quickly as possible. Establish relationships with third-party manufacturers, temporary office space lessors and third-party distribution specialists to keep orders flowing to customers.

Compile the information from this and the previous step into the third section of your BCT, Disaster Response Strategies.

Create plans to address each of the stakeholders and departments identified in the previous step.

Designate representatives to contact key suppliers and customers to inform them of the disaster and your planned response. Notify key employees, and brief them on their part in the plan; some employees may be required to work from home, others may be required to meet in an alternative location to perform their duties.

A business continuity plan (BCT) is a document that outlines a formal plan to keep a business afloat after a catastrophic event such as a fire, flood or the passing of a small business owner.

The purpose of a BCT is to ensure that a company does not have to close its doors after a disaster.

Compile the information gained in this and the previous step into the second section of your continuity plan, Business Impact Analysis.

Reserve the first section for an executive summary and an introduction to your plan, highlighting key points and designating lines of authority while the plan is active.

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