September 2023 Business Finance Assignment
Business Recovery Plan
- Record today’s date.
- You established a small shop that manufactures a single product that you sell by mail. You purchase raw materials from several vendors and employ five full-time employees.
- For what types of disasters would you need to create a business recovery plan? Ideas may be found at http://www.ready.gov/be-informed.
- What parts and processes of your business would you duplicate offsite in order to recover swiftly after a disaster?
- What do you conclude about the economic feasibility of a fully implemented disaster recovery plan for your business?