Major business disruptions such as fire, flood, theft and communications failure are unwelcome and unpredictable problems for a business. But the reality is that they do happen and if you are not prepared, they can have seriously adverse affects on your business.
The facts speak for themselves:
- 20% of all companies will suffer fire, theft, flood or storm damage, power failures, terrorism or hardware/software disaster, of those without a business continuity plan 80% fail within 13 months.
Source: London Chamber of Commerce
- 8 out of 10 businesses suffering a computer disaster who have no disaster recovery plans go out of business.
Source, IBM
- 80% of businesses affected by a major incident either never reopen or close within 18 months.
Source, AXA
- Nationally 29% of businesses were affected by extreme weather in the last year.
Source, Chartered Management Institute
