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 pose a serious threat to companies of all sizes in every industry. And while it may not be possible to prevent every crisis or interruption, it is possible to prepare for a quick recovery that minimizes the loss of time and money, and gets your operations back up and running.
Having a tested strategy in place for resuming operations and accounting for every facet of your company—including customers, employees, facilities, vendors and data, among others—is the only way to prevent what could be an otherwise crippling situation. With a proven, test plan in place, your company can increase its chances of survival by 70%.
A Business Interruption Plan (BIP) prepared by the experts at CapStone Technologies will keep your company protected from interruptions that lead to tremendous financial loss and jeopardize your company’s future. Business Interruption Planning goes beyond the concept of a traditional Disaster Recovery plan. It is a series of tested strategies intended to restore vital operations following a business interruption, with maximum speed and minimum impact on customers, employees and stockholders. Additionally, as companies are under more pressure to comply with regulations and requirements pertaining to Disaster Recovery and Business Continuity, a BIP will fully address regulations and requirements specific to your company.
Having completed more than 100 BIPs for clients across the country in a number of industries, CapStone has the experience and knowledge to create a plan that is optimally effective while remaining simple enough for efficient implementation. CapStone understands the importance of building a BIP that has real-world application, rather than making a plan too complex to work as intended. Furthermore, because CapStone creates BIPs from the perspective of an operational process expert, which helps identify operational “gaps” that can be addressed in the planning stages—something very few of CapStone’s competitors are capable of doing.
To learn more about CapStone’s practical, exceptionally thorough approach to Business Interruption Planning —or to contact a CapStone representative regarding a BIP—please click here. 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.
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