Business Disaster Recovery | Stony Plain Economic Development
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Business Disaster Recovery

Make an emergency plan for your business

Emergencies can happen anytime, anywhere. Having a business continuity plan in place will minimize the impact of a disruption on business activities. By making a plan, you will have a better understanding of the risks your business could face and will be better equipped to deal with various hazards.

What is business continuity?

Business continuity is about understanding the risks your business could face, and developing strategies and plans to ensure continued operation during and after a disruption.

Why should I have a plan?

Not all risks are insurable. A business continuity plan will give you the best chance of staying open for business during a disruption, and will make it easier to resume normal operations afterward.

Among many other benefits, a plan will reduce the losses you might experience during a disruption. You will also improve your dealings with banks, creditors, investors and insurers by showcasing your appetite for business resilience.

Reference Materials

A Guide to Business Continuity Planning

 



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