Your ability to respond to a business disruption could mean the difference between survival and closure. To determine the maximum amount of time your business can afford to stay closed after a disaster, you need to know your operations. First, identify your key business functions and processes… and then decide how long you can go to perform them.
Consider the following:
- What is my main product or service?
- How do I produce
- If my business was impacted, who would I need to call? How would I reach them?
- What other business functions and processes do I perform to run my overall business? Consider functions in all areas: Accounting / Finance, Production / Service Delivery, Sales / Marketing, Customer Service, Human Resources, Administration, Information Technology and Purchasing.
- Which of these functions and processes involves legal, contractual, regulatory or financial obligations ?
- Can the function be performed offsite?
- How much downtime can I tolerate for each function?
- What can be the consequences if you cannot perform function
- Can my business survive without a specific function?
If you can You answer every question (don't worry, we can help!), we recommend listing all your business functions, then filling out a separate form for each one.
Using our printable business function, rate each with a priority level of Extremely High, High, Medium or Low, and consider any possible workarounds or backups for each function, as well as any temporary processes that could be implemented until a permanent solution is available. Document detailed procedures for these workarounds and processes, including any additional resources needed
To truly know your operations, download our printable business function form now.