As a small-business owner, you understand that unforeseen events can happen at any time. A fire, power outage, or cyberattack can disrupt your operations and cause you to lose valuable data. If you don't have a business continuity plan, these events can be devastating for your company.
Having an effective business continuity plan (BCP) can be the difference between surviving a crisis and facing irreversible consequences. But many business owners inadvertently commit errors when developing their BCP, which can jeopardize their business. Below is a list of critical business continuity errors that every business owner should avoid to safeguard their company’s future. […]
One of the worst things that can happen to a small- or medium-sized business here in Baltimore is a major disruption. Imagine your business being hit by natural disasters like floods or hurricanes (which occur more often in Maryland, so you really need to be prepared) or human-made disruptions like bomb threats or a data breach.
Small- and medium-sized businesses (SMBs) often operate with limited resources, making them particularly vulnerable to disruptions caused by unexpected events. While larger companies may have dedicated departments and resources to handle crises, SMBs often lack these luxuries. However, having a business continuity plan (BCP) can help mitigate these risks. In this article, we’ll explore why […]
In today's fast-paced and unpredictable business landscape, it's more important than ever for companies to be prepared for the unexpected. Otherwise, they may struggle to get back on their feet and suffer the financial consequences of downtime. This is where a business continuity plan (BCP) comes in handy.
Disasters can happen to anyone, and when they do, it can be difficult for small- or medium-sized businesses (SMB) to get back on their feet. Your business could be at risk if you’re not prepared for a natural disaster or an unexpected emergency. Here are a few tips to help keep your business afloat during […]
Where you store your company’s data backups is vital to the success of your business continuity strategy. There are various storage media to choose from, but if you value flexibility and convenience, then you should look no further than cloud storage. Here are the benefits that the cloud offers. Improved uptime Many business owners think […]
Do you know why some small- to medium-sized businesses (SMBs) fail during the first five years of operation? Poor leadership is one reason, inadequate capital is another. Another possible cause is the lack of preparation for major disruptions like natural disasters and cyberattacks. If you want to prevent this from happening to your business, you […]
Many small- to medium-sized business (SMB) owners never expect a major crisis to hit their company and are often caught flat-footed when it does. Such events can cause downtime, which can lead to lost revenue and reduced profits. In addition, SMBs that fail to recover quickly from disruption face the risk of losing their customers […]