Emergencies are unpredictable. Businesses that fail to plan for the unpredictable are the worst hit by national disasters and service disruptions. That’s why it’s so important to have a strong business continuity plan in place. Planning ahead and considering the steps forward if the worst was to happen will set you and your business up to rise above uncertain times. By creating a business continuity plan, your staff will know what to do. Not only that but you will have a better understanding about the strengths and weaknesses of your current business model.
Are you looking for guidance to safeguard your business?
Whether you are currently in the middle of a crisis or preparing your business, these nine steps will help you to protect your business for long-term success. Download the white paper to find out more details on each step.
Step 1: Assess the situation and forecasted impact Step 2: Preserve cash and evaluate your finances Step 3: Plan out your cashflow, lending, and supply chains Step 4: Look for opportunities to pivot your business model Step 5: Leverage your workforce Step 6: Develop a communication plan for all stakeholders Step 7: Focus on customer retention Step 8: Keep marketing. Keep selling. Step 9: Have a trusted sounding board for big decisions