Large disasters don’t occur regularly but smaller events like power outages and delayed supplier deliveries do. These disruptions can mean lost revenue and extra expenses. Insurance won’t cover them all, nor replace customers who switch to the competition.
Business continuity planning is all about envisioning what your business could do to reduce costs, downtime and keep your customers satisfied, should the worst happen. With the vast array of technology and digital data businesses now depend on, it has become even more important.
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