So what is a Business Continuity Plan (BCP) and why should you have one?
According to the British Standards Institution, a BCP is “a documented set of Procedures, Policies, Plans and information, developed, compiled and maintained in readiness for use in the event of an identified incident that prepares and enables an organisation to continue to deliver its critical activities at an acceptable pre-defined level and implement a Business Continuity Management Program”.
All well and good; yet, according to BERR, 70% of firms would go out of business within a year if they experienced a major disaster and a business without a BCP has only a low chance of survival. Worse still, you cannot always rely upon your insurance arrangements to save the business.
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