Business interruption insurance 101

Business interruption insurance 101

While it is highly likely that you have an insurance policy that will cover your small or medium-sized business in the event of a disaster, chances are you don’t have business interruption insurance. The majority of smaller companies tend to overlook interruption policies, believing (or at least hoping) that regular insurance will be enough to protect them.

When do you need your BCP?

When do you need your BCP?

Having a Business Continuity Plan (BCP) is great, but only if you know when it needs to be invoked. If you don’t know when it should take effect, then you might as well not have one at all. While a lot of business owners might believe it is pretty obvious when a BCP needs to be invoked, the process is not always so cut and dry.

Communication before the storm is key

Communication before the storm is key

As it is only a matter of time before the first winter storms hit in many places, you might want to consider taking a look at your company’s business continuity plan. Each year heavy snowfall and other weather-related incidents interrupt services and cost businesses money.

Keep employees working during disasters

Keep employees working during disasters

One of the most neglected aspects of a Business Continuity Plan (BCP) is what happens to employees. Much emphasis is put on protecting and recovering data, but your employees are just as valuable to keep your company running. By setting up your company’s BCP with detailed instructions on working from home during a disaster, your employees can help you make it through anything.

Business continuity challenges

Business continuity challenges

In the current world, business continuity planning (BCP) is imperative to the sustainability of your business. Without a well-thought-out plan in place, it is highly unlikely that your company will be able to survive and recover from disasters. However, there are several major roadblocks to the successful implementation of a business continuity plan.

4 ways to backup your data

4 ways to backup your data

Data backup is one of the most important aspects of your company’s infrastructure. Without data availability, your business will come to a standstill. So it’s bizarre that most business owners fail to have a proper data backup strategy in place – and when disasters strike, it will be too late to act.

Business continuity 101: Using a cloud host

Business continuity 101: Using a cloud host

Companies of all sizes today are aware of the data security risks posed by unexpected disasters, and so have a business continuity plan in place to prevent data loss. But entrusting data backup to the average IT guy is a certain way to lose your critical business data, since making configurations and changes to managed backups can be downright complex and confusing.

Five business continuity mistakes

Five business continuity mistakes

Every business owner knows that having a business continuity plan in place is crucial to the success of their organization. Yet even if your business continuity framework is at the ready, when the unexpected does happen the question that many overlook is how confident they are in taking care of the backbone of the business — their employees? With that in mind, let’s take a look at the five deadly business continuity mistakes to avoid at all costs.

4 traits of a successful BCP

4 traits of a successful BCP

In today’s business world, companies with a business continuity plan (BCP) are more likely to survive a disaster than those that don’t have one. There are several components to consider when it comes to planning a BCP, some of which are more important than others and must be included in order for a BCP to be successful.

Conducting business continuity exercises

Conducting business continuity exercises

Unexpected disasters can completely catch your business off guard, and when they do you’ll have a hard time trying to get things back in order. Most business owners are aware of potential problems, so they usually have a business continuity plan (BCP) already in place.