As a small- or medium-sized business (SMB) owner, you understand how challenging it can be to keep your company afloat. While you may have a solid business plan, unexpected events such as natural disasters or cybersecurity threats can disrupt your operations.
Staying afloat: The importance of a business continuity plan for SMBs
Why is it important to have a business continuity plan?
Many small- to medium-sized business (SMB) owners fail to prepare for major crises like flood and ransomware attacks. Disaster events can cause downtime, which can result in lost revenue and lower profits. In addition, SMBs that fail to recover quickly from disruption face the risk of losing their customers to their competitors.
Why your SMB needs a business continuity plan (BCP)
Multiple things can disrupt the operations of small- to medium-sized businesses (SMBs), such as natural disasters, cyberattacks or even global pandemics as we’ve recently learned. This can lead to lost revenue, or in some extreme cases, business closure.
BCP strategies to keep your business open
Whether your business is hit with a brief power outage or an extreme weather disaster, any kind of interruption to your organization’s productivity can cut into your profits. That’s why it is important to have a business continuity plan and utilize BC tools to ensure your organization can stay in operation at all times.
Communication before the storm is key
As it is only a matter of time before the first winter storms hit in many places, you might want to consider taking a look at your company’s business continuity plan. Each year heavy snowfall and other weather-related incidents interrupt services and cost businesses money. One way to prevent this from happening is by communicating […]