How to Create a Business Continuity Plan (BCP)

A business continuity plan is used to plan out how a business will stay in operation after a disaster. If a fire, flood or some other type of disaster occurs, many businesses do not have a plan in place to deal with it. Because of this, many of them end up going out of business. Here are the basics of how to create a business continuity plan.

Make Note of Key Persons

You need to document which members of your organization are critical to your business success overall. This way, you can figure out how to keep these people working even after a disaster.

Telecommuting

You should also find out which individuals could potentially telecommute if they had to. If your building is damaged, your employees may not be able to work there. By allowing some of them to telecommute, you will be able to continue business operations.

Information

Come up with a list of critical information that is important to your business. For example, you should create a document that has all of your suppliers' information, your contacts, your equipment and a potential contingency location.

Insurance 

Part of a good business continuity plan deals with insuring the right pieces of the business. If a disaster did occur, you would want to be sure that you have insurance on the building so that your insurance company could help you get back up and running.