The only way to continue your operations in case of setbacks is to enforce a well-thought-out business continuity plan. However, you’ll need to avoid several mistakes when developing your strategy. Your operations may seem efficient and failproof, but the reality is that obstacles can happen at any time. Whether you’ve lost a major client or …
Category: Business Continuity
Creating an IT Compliance Policy – The 7 Things You Need to Consider
Conducting business operations in the digital world is prone to security risks. Mitigating them would be impossible if you don’t have an IT compliance policy. Setting up a robust IT compliance policy in your business is more important now than ever. And it’s because most organizations now depend on digitized services. Online companies rely on …
The Five Steps for Creating a Business Continuity Plan
How will your business respond when faced with an unexpected situation? With a business continuity plan, you’ll know exactly what steps to take. Leading a small business is a challenging endeavor. According to a January 2021 article published by Entrepreneur, 20% of small businesses fail within their first year of operation. And a staggering 50% …