Business Continuity Arrangement Template

Business Continuity Arrangement Template

Businesses spend time and money and resources to prevent losses, but some losses cannot be prevented. 

The last thing a business owner wants is a loss, and so many of them spend time and money to prevent as many losses as they can. Unfortunately, not all losses can be prevented, especially those that come from the result of a natural disaster and emergency situations. A business continuity planning guide is an all-encompassing approach to ensure that your business will continue to function efficiently in the event of a loss. Here is how you can construct a proper business continuity arrangement template.

  1. Review Business Impact Analysis
    • Identify the kinds of losses that could affect your business and how severe the corresponding losses could be.
    • Make sure that all of your data is backed up at an off-site location.
    • Identify the necessary steps and operations that will guarantee survival and recovery.
  2. Identify Business Partners
    • Create a list of vendors and partners that will be able to help in the case your business has to close for a time, rather than just one person.
  3. Back-Up Plan for Your Facilities
    • Think about different locations you and your employees will be able to work from if the main one has to close.
  4. Review the Payroll
    • Talk to your vendors to make sure that your payroll data, like personal and tax information, is stored at a safe off-site location.
  5. Coordinate with Others in Your Building
    • If your office will be shut down by a disaster, it is very likely that others with whom you share the building will do the same. Talk to them by having discussions about current suppliers, shippers, and how they are planning on staying alive during the shutdown.
  6. Test It Out
    • Review the emergency plan at least once a year and update as necessary.
    • Hold realistic drills on a consistent basis to keep your employees well-oiled if the disaster ever strikes.

Every good plan needs to have a business insurance policy to make certain that businesses will survive disasters. For policies across the globe, contact the independent insurance professionals at Lloyd S. Berkett Insurance Agency in Los Angeles.

11150 W. Olympic Blvd.
Suite 1100
Los Angeles, CA 90064

(310) 857-5757
(800) BERKETT | 237-5388
Fax: (310) 857-5750

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