How Resilient is Your Business?

While the full effects of natural disasters are still being assessed, many are using them as a way to gauge the resilience of their businesses. If a hurricane, flood or wildfire were to strike, how quickly could you be back up and running? A business continuity plan addresses the four “R’s” of response, resumption, recovery, and restoration and can help you plan for both catastrophic natural disasters, as well as events like power outages, computer viruses, and equipment failure.

Here are five things to consider in a business continuity plan

• Do you have an alternate power supply? How long can it sustain your operations?
• Is your data protected and backed-up? How quickly can it be restored?
• Will you be able to take calls from employees, customers and vendors?
• Do your insurance policies have adequate coverage to protect you and keep you going?
• Do you have alternate vendors/suppliers should your primary ones not be able to deliver to your company?​

​Your business continuity plan should also include a business impact analysis to determine what happens if key employees are not able to work for any number of reasons. Do you have other trained and knowledgeable staff who would be able to cover for key employees?
While the above points are important, keep in mind that during a disaster, stress levels are high, and your first priority is your people and their physical and emotional needs. 

Contact Simplified today to learn how we can help you plan for things like natural disasters.

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