My Business

Protecting a Business

Being able to protect your business is just as important as being able to protect your home and your family. While some emergencies, like a power failure may be over within a few hours, an incident like flooding could cause disruption to your business for days, weeks or even months. It is vital for a business to be prepared to survive any emergency; even if you are a sole trader, protecting your business has to be factored in to any business plans.

"80% of businesses affected by a major incident close within 18 months and 90% of businesses that lose data from a disaster are forced to shut within two years."

Disruptions to a Business

If you think ahead and plan now, rather than waiting for an incident to happen, you will be able to get back to business in the quickest time possible, preventing further loses and customers losing faith in you. When plans are put in place, ensure your employees know what plans are in place if anything happens.

If an incident such as periods of severe weather does happen, if you can, make the most of social media and other communication channels. This enables you to maintain regular contact with customers, suppliers and staff to help overcome any problems that may arise.

Possible Disruptions

  • Natural events.
  • Theft or vandalism.
  • Fire.
  • Loss of utilities.
  • Outbreak of disease or infection.
  • Terrorist attack.
  • Incidents affecting supplies or customs.
  • Cyber-attacks.

The key to protecting your business isĀ Business Continuity Management.