How does a business continuity plan help deal with impacts?
• The nature of this type of incident/crisis still requires planning. There are still bills to be paid. Employees cut loose still have their own bills to be concerned about and will move to other companies to keep themselves out of financial difficulty. And theres still a need to plan a return to normal business after the crisis. Its very rarely as simple as shutting and opening the doors. • Planning concerns can include preserving of financial reserves during revenue slowdowns, minimizing of bills and expenses while maintaining commitments, managing employee retention so that you have experienced staff when business is started up again, managing continuance of essential services to staff and customers during the crisis, and ensuring security and safety of your resources during the downturn.
