Tag Archives: business continuity

Why Is Business Continuity Planning Worth Your Time & Effort?

This entry is part 5 of 5 in the series Disaster Recovery

How would your business respond after an emergency? We commonly plan for how to respond DURING an emergency, but put little thought into how we should respond AFTER a crisis has occurred. Business continuity planning can help to minimize business loss, improve continuity of operations, and protect the reputation you have worked hard to establish in your community. If your business becomes disrupted by a power outage, tornado, flooding or other disaster, it can cost you significant revenue and lost customers. (more…)

Emergency Planning for Restaurants & Bars

This entry is part 4 of 5 in the series Disaster Recovery

It’s 2:00 a.m. The alarm company just called with a power failure at your restaurant. What you do next depends on your emergency plan. Business emergencies can take many forms such as fires, tornadoes, robberies, etc. Having an emergency plan in place will allow your business to react quickly to minimize the impact of the emergency.  This in turn will save you time, money, and possibly even save lives.

Building an Emergency Plan

To build an emergency plan, you should focus on the four phases of emergency management which are mitigation, preparedness, response, and recovery. An Emergency Plan should have laid out instructions that can be developed and implemented for emergency situations. One of the biggest risks for businesses is the potential loss of day-to-day operations and loss of income. (more…)

Joys and Challenges of a Family Business

Many industries in the U.S. are full of family businesses, and the insurance agency arena is no exception. With that come the joys and challenges of families working together. I’ve had the pleasure of experiencing that both as “the new kid” working with my father, and now as “the old guy” with two of my sons in the office.

As a quick aside, as I focus on the family nature of our business, I don’t want to discount or exclude the importance of the rest of our staff. We have been blessed with some outstanding employees who don’t share our last name but have been key to our success. For that, I am also forever thankful.

The Joys… (more…)

Disaster Recovery: What Do I Need in My Business Recovery Plan? (Part 3 of 3)

This entry is part 3 of 5 in the series Disaster Recovery

You can’t predict the unexpected, but you can prepare. A Business Continuation Plan (BCP) costs almost nothing to produce but is critical to recovering losses, and customers, after a disaster. This three-part Disaster Recovery blog series will address important considerations for business continuity after a disaster.

The details that you include in your Business Continuation Plan (BCP) will depend on the particular needs of your business, but there are some key components that should to be included in every disaster plan: (more…)

Disaster Recovery: Keep Your Business Running – Despite a Disaster (Part 2 of 3)

This entry is part 2 of 5 in the series Disaster Recovery

You can’t predict the unexpected, but you can prepare. A Business Continuation Plan (BCP) costs almost nothing to produce but is critical to recovering losses, and customers, after a disaster. This three-part Disaster Recovery blog series will address important considerations for business continuity after a disaster.

No one ever expects a disaster to occur. However, disasters occur every day. That’s why insurance is so valuable. When you consider the odds, you probably should expect to experience a disaster of some sort at some time in your career. But, you still do not know what to expect or when to expect it.

Being prepared can make it much easier to manage your business through any disaster, serve your customers while you are recovering and get back to business as usual more quickly. Insurance is a helpful financial component, but preparing a complete recovery plan can reduce the likelihood that your customers will feel the pain of your disaster.

How can you prepare for a situation that you cannot predict? (more…)

Disaster Recovery: 4 Steps to Prepare Your Business for Disaster Survival (Part 1 of 3)

This entry is part 1 of 5 in the series Disaster Recovery

You can’t predict the unexpected, but you can prepare. A Business Continuation Plan (BCP) costs almost nothing to produce but is critical to recovering losses, and customers, after a disaster. This three-part Disaster Recovery blog series will address important considerations for business continuity after a disaster.

Up to 40% of businesses affected by a natural or human-caused disaster never reopen. (Source:  Insurance Information Institute)

If your business becomes disrupted by a power outage, tornado, chemical spill or other disaster, it can cost you lost profits and lost customers. Developing a plan to (more…)