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Salt Lake City Bookkeeping Blog

Don't Wait for Disaster to Strike Before Planning Your Business Recovery

Posted by Leanne Armstrong on Nov 7, 2018 9:00:00 AM

How prepared is your business to recover when disaster strikes? Having a detailed plan in place to resume operations with as little disruption as possible is a must. Yet statistics suggest that 75% of small businesses operate without a tried and tested disaster recovery plan. As a result, almost half of these companies will be forced to close their doors during an unexpected event, and only 25% will ever reopen.

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Topics: Growth Coach, Strategic Planning, small business plan

Should My Small Business Have a Business Continuity Plan?

Posted by Thomas Liquori on Jan 18, 2017 9:00:00 AM

You already have a business plan, but do you have a business continuity plan? The former is a guideline for your entire company’s processes, but the latter is specific to a disaster or emergency incident. Ironically, most small businesses never even consider the importance of a business continuity plan, often because they mistakenly assume that they can rebound after an event such as a weather-related shutdown, fire, terrorist event, technological disaster or others.

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Topics: small business plan, business plan, small businesses