Business Growth Hub

Practical ‘how-to’ guides to support Ghanaian businesses

Added: 14/03/2018 Posted in: Business Sustainability 1 view (s)

Business Continuity

One of the major problems facing Ghanaian businesses is the lack of continuity. As such, where the founder of the business grows too old to manage it or dies, the company also dies. To prevent this from happening to your organisation, it is advisable to have a business continuity plan.

Business continuity planning is a critical activity for organizations of any size, whether it's a large enterprise or a small business venture. An important starting point in business continuity planning is the creation of a business continuity policy.

A business continuity policy is a document that conveys management expectations regarding long-term business performance. It contains an overview of the objectives and expectations of the entity and how the entity plans to continue with operations in the event of being affected by any adverse conditions. A business continuity policy can help the organization recover from a disaster faster and to get its systems up and running smoothly. It is proactive and not reactionary.

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