Why should I have a Business Continuity Plan?
The benefits of having business continuity include:
- You will develop a clearer understanding of how your organisation works, and where it is vulnerable to a crisis. Very often this provides the sort of information that helps you make savings in your day-to-day operations.
- You will protect your business and minimise the impact of a crisis, not only for yourself but for your contractors, suppliers and customers as well.
- You will protect the reputation of your business and be seen to be an organisation that is in control despite adverse circumstances.
- You can reduce the cost of any disruption by having planned for how to manage it in advance.
- You may get a reduction in your insurance premiums.