Important questions you need to ask as a business owner
- Would you know what to do if you staff couldn't get to work due to a closure of the transport network or severe weather?
- Where would your business operate from if your premises were inaccessible as a result of a fire or flood?
- Could you operate your business if your computer equipment was stolen or damaged?
Business continuity involves thinking ahead and identifying potential threats. This will ensure your business can identify areas to prioritise during an incident and survive if it is disrupted.
This will help your business by reducing disruption to the services it provides, while promoting continuous improvements.
The Business Continuity Institute (BCI) website contains useful features for organisations including:
Why is business continuity important?
- Experience shows that businesses are far more likely to survive a disaster if they have thought about it in advance, and have a plan in place.
- Banks, investors, insurers, customers and suppliers will look at a company more favourably if a business continuity plan is in place.
- Business continuity plans build employee confidence. Employees will appreciate the fact that the business is doing all it can to protect their safety and place of work.
- In the end, business continuity is about responsible management. It makes a business a safer place to work and contributes to financial stability.
A more thorough account and guidance about business continuity can be found via this download: Expecting the Unexpected on the Gov.uk website.