How To Write a Business Continuity Plan

11/11/2020 (Permalink)

A business continuity plan is vital

Steps To Develop Your Emergency Response Plan

Sustained business interruption can cost your business thousands of dollars in lost revenues. Having a business continuity plan in place can help you mitigate your losses during a natural disaster, fire or another event that may interrupt your normal operations. These steps can help you develop your emergency response plan.

Set Realistic Goals for Your Plan
Before you begin writing your plan, you need to determine what you want to accomplish with it. The overall goal of your plan should be to keep your business running as efficiently as possible during a disruption event; however, it is a good idea to set smaller goals that will help you achieve your larger goal. You should consider and prioritize essential business processes:

• Operations
  
• Human resources
  
• Administration
  
• Maintenance
  
• Marketing
  
• Customer Service
  
• Information Technology
  
• Shipping and Receiving
  
• Billing
  
  

Complete a Risk Assessment and Business Impact Analysis
Completing a risk assessment and business impact analysis will allow you to determine what the most severe possible risks are to your business during a disruption event. You should talk to key stakeholders to determine what the impact on your business would be if key business functions were interrupted and prioritize addressing these functions in your business continuity plan by how likely disruption to that function is likely to occur and how severe the impact is likely to be.

Write a Plan for All Essential Functions
Once you have established which functions are essential and how to prioritize them in your plan, you should write a plan for dealing with disruption to each essential function. Consider including the names and contact information of professional disaster recovery services in La Vergne, TN, that can be called upon to help get your business running again during a disaster.
A business continuity plan is vital to minimize revenue loss and keep your business functioning during a disaster or other business interruption. These steps can help you get started on your plan.