Regional Incidents
A Business Continuity Plan is one of the best precautionary measures that small or bug businesses could take. It involves solutions and plans of actions when the time comes that certain Regional Incidents (earthquakes etc), and other threats to the business are faced. It is a wise back-up plan for when such situations present themselves, preparing the company for a quick spring back while recovering from the disaster.
In comparison to a Disaster Recovery Plan, which involves the full recovery of the business before going back to the scene, a Business Continuity Plan helps keep the business going even while the company is still recovering from Regional Incidents (earthquakes etc). The phrase 'business as usual' is the perfect way to describe how a Business Recovery Plan works.
While other businesses crumble and fall after grave Regional Incidents (earthquakes etc), your company would be strong and going, given that an effective and well though of Business Recovery Plan is created and developed beforehand.
Some of the simple aspects that should be included in a Business Continuity Plan would include your key personnel, as well as their backups, your telecommunication means, the critical documents and equipment, contingency locations and equipment, as well as the basic how to’s when re-establishing the business.
These back-up plans should be flexible, as many factors can affect the continuity and recovery of your business. Many Business Recovery Plan templates can be found in different resources online, while good advices and insights about planning for disaster and recovery can be found in sites like BCP Articles.