Why Your New Business Should Have a Disaster or Backup Plan

Creating your own company takes plenty of time, effort, and money on your part. It takes months, if not years’ worth of planning and organizing. The idea for your business could have been something you’ve had in your head for ages, but are just now acting on it. And while you may be enjoying initial success with your new business venture, as a responsible owner you need to be realistic and think ahead. This is where a disaster or backup plan comes into play.

Regardless of the industry or the size of the business, these backup plans should be an essential step in the planning process. Here’s a closer look at just how important they are.

What is a Backup or Disaster Plan?

To put it simply, a backup or disaster plan simply means that you have prepared for the worst-case scenario and laid out a plan should that scenario become reality. It will lay out the steps that should be followed that will help the business to succeed through the struggles and problems.

Many people resist creating these plans because they feel it somehow compromises their dedication to plan A – which is to succeed. The backup plan isn’t meant to take away from the company’s success, nor does it signal that you believe the company will suddenly face a disaster. It’s all about being prepared, like having an insurance policy should the unthinkable happen.

Think about your various large appliances you have in your home, such as your air conditioner, washer, dryer, dishwasher, furnace, stove, etc. These appliances are essential to keeping the home running smoothly and comfortably. When you purchase a new one, you don’t think of the day it’s going to stop working, however, many homeowners invest in a warranty plan for them. These home warranty plans are even available through third parties now, allowing the homeowner to pay a small deductible each month, as discussed on warrantyguides.com.

It’s all about protection and peace of mind, which is exactly what a backup or disaster plan for your company does. It’s simply a plan B.

Don't Skimp on the Backup Plan

Even once a company is convinced it makes good business sense to go ahead and create this plan B, sometimes they can skimp out on the plan, skip details, and just not give it 100%. A backup plan should involve just as much thought, organization, research, and facts as plan A contains. Remember, plan B is what will help your company to survive a tough spot, so it’s going to need to be a sound and effective plan. It will be the blueprint that determines whether or not the company makes it through the storm.

Part of the Path to Success

So, rather than get caught up in the notion that a backup plan or a disaster plan is some sort of admittance that your company won’t succeed in the long run, look at it as covering all avenues and offering peace of mind that even if disaster strikes, your company can make it through.


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