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There are many occurrences that could disrupt your business, leading to loss of revenue and possibly additional, unplanned expenses. The biggest concern for many businesses used to revolve around inclement weather or natural disasters.
Anyone who starts a business is familiar with the concept of a business plan. This essential document is required to gain funding and shift a business from a bare-bones idea to a real-world operation. However, the business plan is just a starting point. If you want a business to remain open and operational, continuity planning is necessary.
Every business faces many common challenges. There are also potential risk factors that could cause significant setback, or even utter ruination, should they come to pass. It is enough to keep any business owner awake at night, worrying about the future.