When considering what to include in contingency plans many business owners think about office fires, cyber security issues and more recently the threats from a pandemic. But there are many other events that can affect businesses, and have a huge impact.
To me, it can help to revert to an older and not so commonly used term for this sort of planning which is ‘Disaster Recovery’ because, at the end of the day, you are thinking about the worst-case scenario; what ‘disaster’ could befall your business and how you would handle it, regardless of how unlikely that scenario seems to be.
