BayPort Credit Union Human Resource Specialist Dawn Hicks …
Marilyn Lamb from BayPort Credit Union showed us how to track …
We talked with Chris Jones from BayPort Credit Union about the…
BayPort Credit Union Audit Manager Dan Elston was on the show …
Updated: Wednesday, 05 Sep 2012, 1:14 PM EDT
Published : Wednesday, 05 Sep 2012, 1:14 PM EDT
PORTSMOUTH, Va. (WAVY) - When we think of a disaster here in the Hampton Roads area, our first thought is usually hurricane, but for businesses, disaster can take a number of different forms. There are natural disasters such as flooding, tornados, earthquakes and then there are man-made disasters such as a computer virus or hacking, power outage, robbery, and many more.
All of these should be taken into consideration when creating a Business Continuity Plan. Shelley Winegrad with BayPort Credit Union, a Certified Business Continuity Professional, has a few tips that can help.
September is National Preparedness Month, but why is it so important for business owners, especially small business owners, to have a plan?
A staggering statistic for small business owners to take into consideration is that 40 - 60 percent of small businesses never reopen their doors following a disaster. Interruptions, if even just for a few hours, can cost business owners greatly in terms of lost productivity and profits.
What exactly is a Business Continuity plan?
It is simply the business' plan to resume business following a disaster. And there are some basic key components that need to be included in your plan. What are the vital processes of your business, how will your continue these processes following a business interruption and who will be responsible for this process? Also important, how and what you will communicate to your staff, customers, shareholders, and vendors/suppliers.
There are several resources for businesses looking to create a Business Continuity plan:
FREE FEMA hosted webinars in the month of September. Each Wednesday at 2 p.m. beginning September 5, 2012. For a list of topics and to register for any of these free webinars, click here .
For more information on Business Continuity Plans, stop by any of the 14 BayPort Credit Union locations across Hampton Roads.
Opinions that are derogatory, attack other users or are offensive in nature may be removed. WAVY is not responsible for the content posted in this comment section. We reserve the right to remove any offensive or off-topic remark or thread. To mark a comment for review by a moderator, click "Flag as inappropriate."