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The Importance of a Solid Disaster Recovery Plan for Your Business

May 22nd, 2019 by admin

A disaster recovery plan is a document that outlines the ways a company will go about the recovery of its operations in the event of a catastrophe. Not to be mistaken with a business continuity plan, which outlines how the business will function during, and after the event occurs; both are critical documents to have. It is also essential that your business is equipped and protected with the right infrastructure and technology in place that could potentially save your business from losing critical data and information.

Constructing a disaster recovery plan takes a lot of research into your business and may even require help from outside consultants and business continuity experts to design an accurately detailed plan. There are many ways a disaster can occur; so creating a generalized plan that addresses specific scenarios such as if there is loss of buildings, offices, workspaces, or an entire campus is essential. Emergency evacuations, lengthy office displacement, destruction of other parts of the business, i.e., warehouses or plants, and other significant factors also need to be appropriately planned and mapped out. This ensures that if a disaster were to occur, you would have the proper means to address it.

Factors that should be included in these plans are:

  • Where the disaster recovery and business continuity plans will be stored and how it will be retrieved during an emergency. These plans will need to be stored in several different locations, including on-site, off-site, and virtually. There must be other means of gaining access to the documents, in case your building is inaccessible during a disaster.
  • Ensuring everyone's safety. The safety and well-being of the staff is the responsibility and number one priority of the business. In the event of an emergency, employees are to be given the proper instructions and protocol for evacuating, awareness of escape routes, resources for aid, and more.
  • Relocation. Certain employees and departments like customer service representatives and IT will need to be immediately relocated to an alternate space to allow for the continuation of operations.
  • Estimating the costs required to execute these plans. It is vital to have proper insurance and funds set aside that will cover the costs of keeping the business running. Consulting with your insurance and accountants is an excellent way to get estimated costs and set a budget.

Operating with the right technology and equipment can also assist in the survival of your business. A concrete disaster recovery plan is just as crucial to your business as the business itself. In the event that something happens, it ensures that you can make a quick recovery and return operations to normal. Getting started can be a challenge for new business owners, so having an expert with you to comprise a solid contingency plan will give you the leverage of knowing that all bases are covered.

Posted in: disaster recovery

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