The importance of disaster recovery plans for small e-commerce entrepreneurs – AppleMagazine

A disaster recovery (DR) plan is a business continuity plan that details a predefined approach and procedure for how a business will continue to run in the case of a disaster. Its focus is on getting all the applications and systems back to normal after an unexpected event strikes. 

While some emergencies can’t be prevented because, for example, no one can stop an incoming hurricane, there are things that can be done to minimize its impact and the outcome. That’s precisely where DR plans go into play.

With that said, whether it’s a natural disaster or an event caused by human mistakes, disaster recovery plans might be vital for small e-commerce entrepreneurs. Continue reading below to learn more about their benefits and importance, so you too can decide whether that’s something you’d like to implement as a part of running your company.

Disaster recovery plan for small businesses: benefits and importance

There are many things that can go wrong when running a business, especially when a single point of failure can inhibit business operations, so it’s essential to have a clear picture of what could happen and how you can handle it. That’s exactly why a disaster recovery plan is so useful.

You might be wondering why is it necessary if you’re a small e-commerce business? The answer is simple: your resources might be smaller than when it comes to large companies, but that doesn’t mean you can’t be affected by a disaster. In fact, as a small e-commerce entrepreneur, you might be more vulnerable because you might not have the backup plans and the financial stability that large businesses have.

A disaster recovery plan will allow you to:

• Identify potential threats related to your business and assess their likelihood of occurring;
• Prepare a detailed plan that describes how to deal with emergencies systematically;
• Establish a communication protocol with all the team members in case you need to contact each other in a hurry;
• Identify the equipment and components that your business depends on and their potential suppliers;
• Include a list of all the data files and physical documents to store their copies elsewhere so you can restore them if needed;
• Continue doing business even when a disaster strikes by maintaining a supply of crucial materials and parts for your equipment.

Manhattan | New York City

Disaster recovery plan for small businesses: elements that make it work

So, how can you create a disaster recovery plan that will help your small business stay afloat in times of emergency?

Here are some things you should consider: 

Identify the risks and potential threats 

It’s essential to identify all the risks and potential threats related to …….

Source: https://applemagazine.com/the-importance-of-disaster-recovery-plans-for-small-e-commerce-entrepreneurs/50141