POSTS TAGGED : business continuity

Ensuring Business Continuity in 13 Easy Steps

In today’s fast-paced, ever-evolving business landscape, ensuring continuity is not just about protecting operations but also about fostering resilience. A solid business continuity plan (BCP) helps a company prepare for the worst while ensuring it thrives in any scenario. Whether you’re running a small business or managing a large enterprise, understanding how to maintain operational resilience is critical.

Business continuity planning

In this article, we’ll take you through 13 simple yet powerful steps to guarantee business continuity. Each step is designed to be actionable, relevant to modern businesses, and easy to implement.

1. Conduct a Comprehensive Risk Assessment

A successful business continuity strategy begins with a solid understanding of the risks your company faces.…

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Business Continuity – Better Planning Brings Better Outcomes

As more companies adopt emerging technologies such as BMS, AI, and ML to enhance growth and customer satisfaction, they must adjust their business continuity plans accordingly.

Business continuity planning

While most continuity plans provide asset protection against severe weather and natural disasters, many need to address business disruptions where a product or service becomes more popular than the traditional option. Common examples include the wheel, light bulb, smartphone, and most recently, the hybrid workspace that must serve the in-person and remote workforces.

During these business disruptions, facility managers can quickly find their teams dealing with the following:

  • Employee accessibility issues to customer data and company assets.
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A Business Owner’s Guide to Managing Business Continuity During Divorce

Divorce is a challenging experience, filled with emotional and financial complexities. For business owners, the added layer of a thriving enterprise adds another dimension to navigate, especially when both spouses have a stake in the company.

Business continuity amid divorce process

However, proactive planning and informed decision-making can help ensure your business remains stable and resilient during this period. This guide provides tips to help you prioritize business continuity throughout the divorce process. Read on!

1. Seek Professional Support

Assemble a team of experts to help you with the legal and financial aspects of the divorce. Begin by looking for an experienced divorce attorney, as they understand family law and can value assets to help secure a fair settlement while minimizing disruptions.…

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4 Emergency Resources When Your Business Is Not Doing Well

Natural disasters and emergencies like accidents, wildfires, floods, earthquakes, and avalanches are catastrophic events that can force a business to halt its operation or permanently close down. Since no one is immune to disasters, it’s best to take proactive steps toward mitigating their impact. Having enough insurance coverage can also help you bounce back quicker.

Accessing resources on the web

photo credit: Dai KE / Unsplash

At the height of the disaster, you also need resources to help you deal with the immediate aftermath. Response guides, communication plans, or directives from the government and cause-oriented organizations can make a lot of difference.

Aside from salvaging what’s left of your business and calculating your expenses, you must account for the damage for your insurance claims.…

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3 Tips for Keeping Your Business Open During Construction

For many businesses, it feels like the stars have to align just perfectly in order for you to feel like your business is running successfully and that things are going well. And while this can happen occasionally, more often than not, all things related to your business likely won’t swing your way. Especially when there’s construction surrounding your business, whether it be through renovations of your own or road construction being done around you, it can seem like your business can’t possibly stay afloat.

Retail space construction

Luckily, there are a few things you can do to help your business to keep functioning through all the mess.…

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Types Of Insurance You Need To Protect Your Business

As a small business owner, limiting risk and ensuring business continuity should be your main priority. One of the major reasons a business will collapse is a result of bankruptcy, and threat of legal action can be a major cause of this.

Business insurance protection

In order to minimise the risk of bankruptcy in regards to this avenue, you should ensure that your business is protected at all times. Opting for a number of different types of insurance as soon as you start your business should be a top consideration.

Here, we’re taking a look at the types of insurance you should have in order to protect your business.…

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Protecting Your Business from Disasters

In the past few months, the United States has witnessed a spate of natural disasters. Along with Hurricane Irma, Harvey, the first major hurricane to make landfall in the United States since 2005, is reported to have caused damages worth $200 billion on the local economy. The tiny economy of Puerto Rico has been staring at a $95 billion loss after Hurricane Maria ravaged the island in September this year.

Business protection

These are not isolated incidents. Business losses owing to floods, fire, hurricane and earthquakes are only going to increase as people migrate away from the country side to cities. As a small business owner, the losses from such disasters can be quite painful.…

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How to Best Prepare Your Business for a Natural Disaster: 6 Crucial Tips

The recent storms to hit the United States have been all over the media the last few weeks. Hurricane Harvey dumped enough water on southern Texas in a week to supply New York City with drinking water for sixty-nine years. That is a massive amount of water to fall in less than a week. And then there’s Hurricane Irma:

If you are like many small business owners, you are more than likely wondering how to best prepare your business for a natural disaster like Hurricane Harvey or Irma. Now is a great time to review the plans your business has in place for when a natural disaster occurs in your area.…

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Data Protection is Critical: Lessons Learned

This is a sponsored post written by me on behalf of Carbonite. All opinions are 100% mine.

Whether you are a solopreneur or the owner of a 100-employee company, you can’t underestimate the importance of data protection in your business.  I know what I’m talking about because I have been-there-done-that.

Read on, and you’ll see why losing your data sucks – big time.

Frustrated online business owner

My data horror story

I’ve run an online business since 2008.  Since then, I’ve experienced numerous ups and downs with my business, and part of the cause is related to data.

You see, I own dozens of business websites. …

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