The Importance of a Business Continuity Plan
11/11/2019 (Permalink)
Storm damage can wreak havoc on your business. Not only can it result in extensive and expensive property damage, but it can also disrupt your operations, especially if all or part of your building is rendered unsafe post-flood, Your customers may turn to competitors to fulfill the needs you used to satisfy. Your profits may plummet.
While you can’t control Mother Nature—or the damage your building may sustain—you can reduce the financial impact a flood or storm has on your business. Of course, you may have insurance to cover property damage and lost equipment, but insurance does not cover lost profits or replace lost customers. Keeping customers and ensuring ongoing profit is up to you.
Be proactive by following these simple steps before a disaster strikes:
- Perform a business impact analysis. Identify critical business functions and processes, and make note of the resources necessary to support them.
- Put together a business continuity team. People are your most valuable resources. For your continuity plan to be successful, you must have the right people to carry it out. Select members of your team who are most likely to successfully manage a business disruption.
- Train your team. You never know how people will react in the face of disaster. The best way to prepare everyone for a hiccup is to train them for one.
Talk to your storm damage remediation team at SERVPRO of Bear/New Castle about any other considerations you might need when creating your plan.
Why Choose SERVPRO of Bear / New Castle?
When it comes to commercial and residential restoration services, SERVPRO is a leader in the industry. Available 24 hours a day and seven days a week, SERVPRO of Bear/New Castle responds quickly to your business’s fire, water, and mold damage emergencies. No commercial project is too big, because we have access to the resources of a nationwide network of 1,700 Franchises.