you have the statistics and read the media stories about how can wreak a major disaster devastating to a business, especially a small business belongs. But it's not all doom and gloom. With a well thought out business continuity and contingency plans can help to minimize the disruption to your business, while larger and after a major disaster.
settings for risk
Earlier this year commissioned IBC a consumer survey to measure Canadians look at the probability of an earthquake and their degree of readiness. Our research, which focuses on consumers in Canada's most active earthquake zones - British Columbia and the Ottawa-Montreal-Quebec City corridor - found that people are not prepared for an earthquake. Not only are they unprepared, they don `t believe that an earthquake is likely - at least not for 50 years. Although the results for BC were better, most people simply have not taken the steps to protect themselves. And while this survey reflects consumers' attitudes to a certain risk - earthquake - we all know that many small businesses have not been put plenty of time in business continuity and disaster recovery plans in general. While you can never really be prepared, there are steps that small businesses take to minimize their risks and operational disturbances.
preparation and practice
Take time to analyze the possible scenarios or disasters that would affect your business. A disaster could be anything from a heavy storm, a conflagration, earthquake, flood or theft. How would you react? What are the basics you need to protect your employees and remain in operation? This exercise requires a deep insight into the resources that you need to have in place - and experience tells us that your business operations to keep after a disaster, more resources need when you `d expect. Experience tells us to plan for the worst, and then some.
Look at your business with a critical eye on what could done for each potential risk your business faces. Talk ensure your insurance agent that you have the right cover in place. Your business needs are unique, and it is important to understand what protection you need -. Before you need it
Your emergency plan
What if a disaster occurs while working do, Day? How do you keep your employees safe? Map an escape route and meeting place in case of fire or a building closure. Think about how you and your employees with family or friends in the event communicate that telecommunications and infrastructure are concerned.
with your employees work an emergency plan and conduct annual mock drills to create. Make sure that everyone can access the plan, understands his role and can plan without running when needed. There is no reason to have a plan if nobody knows about it.Update according to the plan - which is supposed to be a living document. Do some research - there are many examples of what should look like an emergency plan
How will your business Operational Post-event
One of the biggest challenges a small business.? Owner can face is remaining operations after a disaster. The ability to accommodate operations quickly after a disaster again can make or break your business. While there is no one-size-fits-all plan for business continuity is - every company is different - here are some of the most important components:
- Understand how your suppliers significantly impacted will. How will they deliver their products or services to you and vice versa?
- backup critical data and keep copies off-site , either in a remote location or on an external server.
- How will you access cash during a crisis? In the aftermath of an earthquake or other disaster, you can cash on hand do not have with banks and infrastructure are in operation. While we do not advocate keeping large amounts of cash on hand, you need access to enough cash to consider that you can get by a few days.
- Where will you work, if you damage your premises and insecure? to use a back-up position viewing in an emergency.
- Think about how you communicate with your employees, customers and business partners in the event of a disaster. Make sure that you have an employee home phone numbers or e-mail addresses, and that they know that this is how to put them in an emergency in conjunction. Have a plan that outlines how to interact with the customer to let them know what to expect.
- Make sure that you have the appropriate insurance. Research shows that people do not understand what their insurance covers and does not cover, so be sure to ask questions. Your insurance agent can be an invaluable resource, so tap into his or her extensive knowledge, if your assessment of risks and the role insurance can play in mitigating them.
disasters happen, but they need not derail your business. Creating and regularly robust business continuity and contingency plans revisiting can reduce the recovery time and get up your business and quickly runs after the disaster.
For more information, visit www.ibc.ca.
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