Every year, about one out every five companies suffers a serious, operations-ceasing business interruption. Of those companies, 68% will lose significant revenue, with 40% never resuming operations.
Business interruptions have a huge impact on companies of all sizes and in every industry. While it may not be possible to prevent every crisis; it is possible to prepare for a quick recovery that reduces the loss of time and money, to get your operations running again.
Having a recovery strategy in place for your operations and customers is no longer an option; it is a requirement to stay competitive. Protecting your resources and assets is good business. Disruptions to operations are expected in today’s business; however, interruptions to service are not tolerated. Increase your chances of survival by 70% with a proven, tested Business Interruption Plan.
A Business Interruption Plan (BIP) prepared and managed by the experts at CapStone Technologies using our iPROTECT – Interruption Planning Program will keep your plan current, tested and protected from interruptions that lead to tremendous financial loss and jeopardize your company’s future.
BIP is an enterprise plan that goes far beyond traditional Disaster Recovery to address the five key recovery areas of a business; People, Process, Technologies, Facilities and Key Suppliers. BIP strategy focuses on restoring assets and resources necessary to support the critical operations, with maximum speed and minimum impact on customers, employees and stockholders. BIP also addresses regulations and requirements specific to your company.
Having completed more than 100 BIPs for clients, large and small, across the country in a number of industries, CapStone has the experience and knowledge to create and manage a plan that fits your business. CapStone’s plan is simple, practical and, most importantly, effective. Ask us about our MicroBIP for ultra small companies.
To learn more about CapStone’s approach to creating, testing and maintaining a simple, practical and exceptionally thorough Business Interruption Plan using our iPROTECT program contact a CapStone representative today. The sooner you have a BIP, the sooner you’ll be prepared and protected. After all, tomorrow could be the day your company is hit with a major interruption.
To read more about CapStone’s Business Interruption Planning services, go to our Resources Page.