Business Continuity is a business or organisation’s ability to continue to deliver products or services following a disruptive incident. It’s about developing a framework to build resilience and effective response mechanisms when things go wrong – to protect your customers, staff, products, reputation and brand.
The risks of not being prepared
- In the short term, not preparing for threat or disruption to your business could mean immediate impact on the ability to trade – therefore sales and profit.
- In the medium term, it may impact your key stakeholders – staff, suppliers, shareholders and of course customers.
- However, in the long term, there could be an impact on your brand or reputation.
So how do you combat the key risks that could affect your business’ growth potential?
A robust, regularly tested Business Continuity Plan will ensure resilience and effective response mechanisms when things go wrong – to protect your customers, staff, products, reputation and brand.
Our ‘Comprehensive Guide to Business Continuity’ investigates cloud-based collaboration technologies and various accounting software platforms you can utilise to minimise the risk for you business, as well as providing a checklist of top tips to consider whilst undergoing a Business Continuity Planning exercise.