Let’s say your company is thriving. The amount of profits, clients, employees and even products are steadily increasing. Every moving component is working seamlessly, and you’re making a name for yourself in the city and industry. Everything is going so well that you should keep on keeping on, right?
Not necessarily.
Just because the business is flourishing in the present doesn’t mean everything is peachy keen. What would happen if a disaster, natural or otherwise, were to occur tomorrow? Would your business be able to cope and come out on top? This is why it’s essential for even the most successful companies to have a business continuity plan.
A business continuity plan, or BCP, is the protocol set by the company to limit damage in the event of an emergency. With these procedures, the company can stay productive and recover with few injuries. Some threats businesses should be prepared for include natural disasters, utility failures, and cyberattacks.
To learn how to create a business continuity plan, check out the infographic below. Nextiva has identified six key steps to making a reliable BCP.