What is a Business Continuity Plan? Why does it matter?

Since global lockdown, companies all around the world have been trying to figure out how they can cut their losses and keep their businesses afloat. Hence the term, “Business Continuity”.

Business continuity (BC) refers to maintaining business operations or quickly resuming them in the event of a major disruption, such as a malicious attack by cybercriminals or a global pandemic like we are experiencing now.

A business continuity plan outlines procedures and instructions an organization can follow in the face of such disruptions; it covers business processes, assets, human resources, business partners, suppliers and more.

Why it matters

As a business owner, there are a lot of questions arising that you would need to consider. Such as:

  • if you have a way to get your team up and running so that the company can continue to make money despite a lockdown or fire disaster?
  • Will they work from home temporarily or would you have to do some re-structuring like having only your essential staff working on the premises while the non-essentials work remotely?
  • how to remain competitive, retain & increase customer confidence?

Having a Business Continuity Plan (BCP) will help you answer these questions and many more and ultimately help you keep a positive reputation as a business that can survive though times.

What’s the next step?

The next step would be to consider getting a BCP for your organisation. Start by using our free template as a guide to developing yours in a matter of minutes!

The template is very easy to use in setting up your BCP and your organisation will be happier for it.

About Virtually Tope

Since 2015, Virtually Tope Inc. has been collaborating with business and company owners to solve problems, maximize growth and improve business performance.

The MISSION of Virtually Tope is to solve PROBLEMS for small businesses, solopreneurs, agencies and companies by helping them improve their performance and finding new and better ways of doing things.

We understand that running a business or company can be very daunting. So we leverage industry expertise & technical knowledge to clients to improve their business processes, execute strategies and organisational designs.

We help clients to solve specific problems by offering tailored-made and adaptive solutions.

We take the “burden off their shoulders” through support services served with Quality Service Delivery, Customer Satisfaction and giving you the Best Value for your money at all times.

Virtually Tope Inc. has been collaborating with clients from all over the world for years by making their lives and business workflows easier and better.

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