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Business Mentor: Do you have a business continuity plan?

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No one is completely prepared when disaster strikes. But we cannot let a disaster overpower us. We need to find ways to rise up and continue where we left off.

The coronavirus pandemic will continue to have deep and long-term effects on our economy. We need to brace ourselves for the next few months because for sure, business will continue to be slow. We will need a lot of help from everyone and a lot of understanding and patience.

This is generally created in advance with the company’s stakeholders. Here, the company’s goal is to protect its personnel and assets during and after an emergency. Having a business continuity plan is essential for any business. Any threat, disruption, and calamity can lead to a great loss in revenue and additional costs which can affect the company’s profitability. Even if the company has insurance, it does not always cover every cost associated with the incident. Thus, having a business continuity plan can just be the only way to save the company during such times.

 

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mas mabuti kung ibaling muna ang attention sa pag aalaga ng hayop (manok, bibe, itek, baboy, kambing atbp.) sa pagtatanim ng sari saring gulay sa paligid, basta may bakanteng lupa, tanim agad ng bahay kubo (attn. DA), daming ilog, pakisabugan ng semilyang tilapia. 3-4 mos. anihan

How can one make sound decisions, when you have a fickle, lying leader? Don’t worry, we have money - nxt few days “no more money” 🤷🏻‍♀️

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 /  🏆 5. in JP

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