Basics to Consider

The prudence of planning for disaster can protect a company’s bottom line. The key elements of a business recovery plan are crucial: training employees ahead of time; practicing a plan; having emergency contacts in one location and easily accessible; consideration of how to stay in touch with employees, customers and vendor as part of your plan; implementing alternative power sources; keeping customers and employees safe; preparing the physical workplace; consideration of alternative supply chains; properly securing all critical documents; cyber security measures in place for working remotely; the ability to back up data; and knowing the various commercial insurances available that offer the best coverage are all factors in planning how best to protect your business.