Government shutdowns. Cyberattacks. Weather outages. Public health crises. These are just some examples of crisis-related disruptions that can affect a company’s ability to do business.
40% of businesses never reopen their doors following a disaster, and 25% fail within one year. If you think your business is in the clear after getting past the initial period, think again. More than 90% of companies fail within two years of being hit by a disaster.
In order to survive, you need to take critical measures to prepare for an interruption—and designing the right business continuity plan is key to minimizing revenue loss and operations downtime during times of stress and uncertainty.
We’re here to help. Our team of experts has highlighted considerations for and components of a successful business continuity plan. Download our whitepaper to learn more, and contact Lexy Kessler at 301.231.6218 or Renzo Portella at 301.231.6657 to get started developing a continuity plan tailored to your business.