Having an effective business continuity plan (BCP) can be the difference between surviving a crisis and facing irreversible consequences. But many business owners inadvertently commit errors when developing their BCP, which can jeopardize their business.
Mistakes that can compromise your business continuity plan
Why every SMB needs a business continuity plan: Protecting your company from unexpected disruptions
Small- and medium-sized businesses (SMBs) often operate with limited resources, making them particularly vulnerable to disruptions caused by unexpected events. While larger companies may have dedicated departments and resources to handle crises, SMBs often lack these luxuries.
Don’t let disasters ruin your business
Disasters can happen to anyone, and when they do, it can be difficult for small- or medium-sized businesses (SMB) to get back on their feet. Your business could be at risk if you’re not prepared for a natural disaster or an unexpected emergency. Here are a few tips to help keep your business afloat during tough times.
Your business needs a business continuity plan — here’s why
Do you know why some small- to medium-sized businesses (SMBs) fail during the first five years of operation? Poor leadership is one reason, inadequate capital is another. Another possible cause is the lack of preparation for major disruptions like natural disasters and cyberattacks.