Jargon buster
Your support helps us to tell the story
From reproductive rights to climate change to Big Tech, The Independent is on the ground when the story is developing. Whether it's investigating the financials of Elon Musk's pro-Trump PAC or producing our latest documentary, 'The A Word', which shines a light on the American women fighting for reproductive rights, we know how important it is to parse out the facts from the messaging.
At such a critical moment in US history, we need reporters on the ground. Your donation allows us to keep sending journalists to speak to both sides of the story.
The Independent is trusted by Americans across the entire political spectrum. And unlike many other quality news outlets, we choose not to lock Americans out of our reporting and analysis with paywalls. We believe quality journalism should be available to everyone, paid for by those who can afford it.
Your support makes all the difference.Business Continuity Management (BCM)
A management discipline dedicated to assessing the risks to business continuity and planning actions to minimise identified risks or to deal with disruptions.
Although normally the province of larger businesses, BCM makes sense for the smaller business since disruption can have catastrophic effects.
Small business owners should take sensible steps to maintain business continuity, for example, keeping a "back-up" of important computer files on a memory stick at a different location in case of incidents like an office fire or computer theft.
Recovery Management
Many large businesses appoint an internal team and allot responsibilities designed to manage recovery from potential disruption to business continuity.
However, the smaller business rarely has the luxury of such an internal team and should identify professional advisers who could support staff if the need arose.
Small companies can consider using a non-executive director – an experienced person who works part-time but who could step in and manage the business recovery process if the managing director were to fall ill unexpectedly.
Join our commenting forum
Join thought-provoking conversations, follow other Independent readers and see their replies
Comments