According to the U.S. Small Business Administration, a quarter of companies that are affected by the disaster cannot reopen, which is why disaster recovery plans (DRP) and business continuity plans (BCP) have become crucial. While both plans stipulate a range of tasks that need to be carried out if disaster strikes, they aren’t the same. Here’s a brief overview of the difference between a disaster recovery plan and a business continuity plan:

  • Disaster recovery plan

After disaster strikes, a company will turn to a disaster recovery plan to establish the steps that must be followed immediately. This plan includes everything from exit strategies, communication protocols, information about an emergency hub where people can gather and how to ensure that everyone is safe during and immediately after disaster strikes.

  • Business continuity plan

A business continuity plan builds on the initial disaster recovery plan. This plan goes into details about how a company will recover after a disaster. While many people think of devastating events such as earthquakes or tsunamis when they hear the word ‘disaster’, there are many different types of disruptions that can have devastating effects on a business. Think of power outages or cyber-attacks. A business continuity planning specialist will be able to scrutinize all the immediate, mid-term and long-term effects that any type of disaster will have on your business and set out the crucial strategies that must be followed to help your business recover.

TeamLogic IT Plano can help you with a disaster recovery plan and a business continuity plan. Contact us for more information today.