Businesses can do much to prepare for the impact of the many hazards they face in today’s world including natural hazards like floods, hurricanes, tornadoes, earthquakes and widespread serious illness such as the H1N1 flu virus pandemic.
Ready.gov - Preparedness Planning for Your Business
Small Business Administration - Disaster Planning
Flu.gov - Business Planning for Seasonal and Pandemic Flu
When business is disrupted, it can cost money. Lost revenues plus extra expenses means reduced profits. Insurance does not cover all costs and cannot replace customers that defect to the competition. A business continuity plan to continue business is essential.
Elements of a Viable COOP Plan:
Hazards, Risk and Vulnerability
Delegation of Authority
Orders of Succession
Vital Records and Databases
COOP Planning Resources:
FEMA - Continuity of Operations
Insurance Institute for Business and Home Safety - Open for Business Online Toolkit
Continuity of Operations (COOP) Planning
Business Emergency Planning
The business continuity planning lifecycle includes many valuable steps to ensure the least interruption and loss during emergencies or disasters.