Disasters can happen to anyone, and when they do, it can be difficult for small- or medium-sized businesses (SMB) to get back on their feet. Your business could be at risk if you’re not prepared for a natural disaster or an unexpected emergency. Here are a few tips to help keep your business afloat during tough times.
Don’t let disasters ruin your business
5 Common pitfalls of business continuity plans
Earthquakes, floods, pandemics, server failures, cyberattacks, and other adverse events can disrupt your business at any time. Such events can slow or even completely halt your operations, costing your business money. Companies can prepare for such disruptions by developing a business continuity plan, but they often make simple mistakes during the process.
The business continuity benefits of cloud technology
Where you store your company’s data backups is vital to the success of your business continuity strategy. There are various storage media to choose from, but if you value flexibility and convenience, then you should look no further than cloud storage.
Your business needs a business continuity plan — here’s why
Do you know why some small- to medium-sized businesses (SMBs) fail during the first five years of operation? Poor leadership is one reason, inadequate capital is another. Another possible cause is the lack of preparation for major disruptions like natural disasters and cyberattacks.
The importance of having a business continuity plan (BCP)
Many small- to medium-sized business (SMB) owners never expect a major crisis to hit their company and are often caught flat-footed when it does. Such events can cause downtime, which can lead to lost revenue and reduced profits. In addition, SMBs that fail to recover quickly from disruption face the risk of losing their customers to their competitors.
