Business Continuity Plan vs. Disaster Recovery Plan

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When there’s an opportunity to start a business, many would want to have their own but in order to reach success you will have to understand first how handle it.

Planning is one of the most important steps when developing your own business.

The Importance of Planning Stage in a Business

Whether you want to establish a small or large business, planning should always be your first move before doing anything. Through this method you will be able to organize everything and you will also be able to know what to do in case you will experience difficulties. Aside from being the first step in starting a business, it is also the most difficult part because you need to be precise in presenting it to your partner or to your employees.

During the process you need to create objectives, goals, and vision for the business. Make to sure to plan ahead of time, so even if you haven’t experienced difficulties, you must already have a plan what to do in case any of business risks happen.

Business Continuity Plan vs. Disaster Recovery Plan

Business plans can be categorized into various types depending to what’s involved on the process and what is the effective area of the business. Business continuity and disaster recovery planning are both important in a business. While business continuity planning (BCP) focuses in creating an effective plan to prevent internal as well as external threats from happening that can affect the business in the future, disaster recovery plan’s (DRP) main objective is to restore any computer systems used in the business such as software, hardware, data, and other IT related systems.

Effective Development of BCP

In BCP there are five identified phases that you need to follow. Each must be included for BCP to work well. Understand each phase so that it would be easy for you to develop it.

  • Analyzing Various Scenarios

    In businesses, there are always a lot of problems that may occur and for you to develop an effective BCP you need to know all of these and learn the methods of resolving it.

  • Designing Solution

    After you’ve analyze the possible problems that might affect your business, what you should do next is to design a solution. This next step in developing BCP your key is to research and compare the available solutions that you may encounter.

  • Implementation the Solution

    What is the use of the solution if you will not try it? So, when problem occurs, check on the solutions that you have designed and put it in action.

  • Testing the Designed Solution

    Test every solution that you have made, this means that even if you haven’t experience the problem you need to test it in some way for you to know if it will be helpful or not.

  • Maintaining the whole BCP plan

    Once you’ve successfully developed BCP plan, you need to maintain it or add more scenarios on it because every year there a possible situations that you might encounter that can affect your business.

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