Creating a Business Continuity Plan in 4 Steps
You Can Begin Creating Your Plan By Following The 4 Steps Outlined Below
By planning ahead and developing a business continuity plan, you increase the chances that your business can remain operational even during a disaster. If your business has to close unexpectedly due to flooding or another problem, you could lose money and customers. When you have a well laid out plan, you give yourself a better chance of keeping the essential parts of your business operational.
1. Completing a Business Impact Analysis
Begin by identifying each of your business processes and functions. Then, determine how long your business could function without each of the processes and functions you identified. You can keep an organized record of your findings by using a worksheet template that keeps track of your operational and financial impacts.
2. Determining Recovery Strategies
Use your business impact analysis to identify your most critical business processes and functions. Beginning with the most critical, determine what resource requirements would be needed to keep those processes operational or what it would take to get them back online. Resources could include items such as employees, contractors, equipment, inventory, or third party services.
3. Creating a Plan
Use everything you have learned so far to create your business continuity plan. This document should include workarounds, IT disaster recovery procedures, relocation plans, and an emergency response plan.
4. Performing a Walkthrough
The best time to try out your plan is before disaster strikes. Doing a walkthrough with the key players will help point out any defects or missing parts of the plan. If any problems are found, update your documents and then do another walkthrough of the procedures.
Once you have a business continuity plan in place, you can have confidence that you will know what to do if you experience a disaster. If you sustain damage and need help restoring your building in Eastchester, NY, call a professional remediation service for help.