When your business is hit by a disaster do you know the protocol?
The Disaster Recovery Checklist
Over 50% of businesses experience unforeseen interruptions that impede their work rate, and 81% of these cases cause the business to be closed for one or more days. *For the average SME, to have services down costs £5,500 per hour. To be out of business for one day or more can have serious financial consequences for a small enterprise that can take years, if ever, to come back from.
The most damaging things that can happen to a business are disruption of communication lines and loss of data. When these disasters strike your business will immediately start losing money and progress, so the quicker you can recover, the more you can guarantee the safety of your business. Disasters can be caused by a variety of factors, some not so obvious. To ensure your company is fully protected it is essential that you are prepared for all forms, with a comprehensible plan of action for each fully understood by all employees.
Business disasters fall under three categories: physical, technological and personal. Some of these you may feel you are on top of; fire escapes and onsite safety officers, for example, ensure the safety of individuals in a fire or site emergency, but what about your business? Disaster Recovery plans can include emergency locations and devices to which divert business, secondary network circuits in case of power failure and secure data backups to combat data breaches and theft. Over the course of one month, 90% of small companies spend less than 8 hours on managing their disaster recovery plans.**The less time spent, the higher the threat to your business, so make sure you’re fully covered.