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Business continuity plan and templates for entrepreneurs While some companies have developed contingency plans, most have not.
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A Business Continuity Plan (BCP) is a strategic plan that outlines businesses' prevention and recovery from major disruptions to the business. This lack of preparedness not only threatens the viability of sectors in Canada but, as in the case of manufacturing, it also jeopardizes the delivery of critical goods that depend on complex supply chain systems. Development of a business continuity plan includes four steps: Conduct a business impact analysis to identify time-sensitive or critical business functions and processes and the resources that support them.
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