The COVID-19 pandemic has created a stark awareness of how vital it is to have a business continuity plan in case of crisis. The virus has caused untold damage to small businesses — even if the owners themselves remain healthy.
Even in the midst of a crisis, it’s never too late to create a plan for catastrophic events. After all, besides a pandemic, other circumstances can impact your business, such as a natural disaster, fire, flood or even protests.
How can you continue business as usual — as much as possible — during times of uncertainty? An “emergency preparedness” policy can help to guide your reaction and provide a thoughtful approach to what happens next.
Here are seven steps that every business should consider to ensure business continuity during a crisis.
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