What is a business continuity plan?
A business continuity plan is a document that helps businesses prepare for unexpected circumstances that may disrupt their operations. In Arizona, business continuity plans provide a plan of action for businesses to follow in the event of a natural disaster, cyber attack, power failure, or other major event. A business continuity plan should include specific strategies for keeping the business running during an emergency. This can include creating backup systems for data and communication, adopting risk management strategies, mapping the necessary steps for recovery, and preparing an inventory of emergency supplies. Businesses should also consider how they will provide resources and support to employees in the event of an emergency. Business continuity plans should be reviewed regularly and updated as needed to ensure the business is prepared for any situation. A well-crafted business continuity plan can help a business get back on its feet more quickly after a disruption. It can also help to protect the business from legal and financial liability by showing the business took necessary steps to prepare for emergencies.
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