BC Advantage - 2010 Issue 8

10 Steps Toward A Disaster-Recovery Plan

Disasters strike businesses every day. Some are big like pandemics, hurricanes and earthquakes. And some are small and go largely unnoticed by anyone outside the company, like lightning strikes, water leaks and server failures. Gartner Research recently released a chilling statistic; two out of five companies that experience a disaster go out of business within five years. Contingency Planning and Management Magazine indicated that 40 percent of companies that shut down for three or more days failed within 36 months. If a hurricane, flood or fire hit your medical billing or coding company, would you be able to resume...

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