Disaster can strike anytime. Is your business ready?

May 27, 2025

Business Continuity Planning: Why You Can’t Afford to Fall for These Myths

When disaster strikes, having a Business Continuity Plan (BCP) can mean the difference between recovery and closure. Yet, many organizations still fall for common myths that leave them vulnerable when emergencies hit. In Business Continuity Planning Myths Debunked, common misconceptions are outlined, emphasizing the importance of having a strong plan in place.

Many mistakenly believe BCPs are only necessary for large companies or those at risk of natural disasters. In reality, small businesses, which are often hit hardest by crises, have even more to lose. Assuming business continuity is purely an IT issue or that backing up data is enough is erroneous. Resiliency involves protecting your entire operation, not just servers. If you think BCPs are too costly, consider what the cost of inaction can be instead. Real-time reactions without a plan often lead to chaos, financial losses, and reputational damage.

This article from Zywave, explains why every organization,  regardless of size or industry, should outline and enact a comprehensive continuity strategy. If you want to better protect your business and your future, read on to learn more.  To discuss with your Robertson Ryan Insurance Agent regarding your business coverage needs, reach out to us here.