Reviewing pre-disaster business operations
Content Summary
At this stage, this doesn’t need to be a lengthy process. It could be a simple SWOT (strengths, weaknesses, opportunities and threats) analysis.
Some areas to consider in this analysis include operational procedures, marketing strategies, financial results, staff levels, customers, markets and technology. For instance, ask if it would be better to adopt new technologies when you reopen your business rather than replace existing equipment?
Lessons learned from the evaluation of your business before the disaster should be incorporated into your recovery plan.
Disaster recovery toolkit
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How accountants can support your drought strategy
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- Disaster recovery
- Business management
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Businesses should consider conducting a ‘reality check’ after a disaster to assess whether they’re viable for future growth
- Disaster recovery
- Business management
Disaster recovery
Advice, resources and strategies for recovering your business after a disaster
- Disaster recovery
- Business management
Developing a post-disaster business plan
Following a disaster, it's essential to review your business so you're in the best position to make decisions on its future
- Business management
- Disaster recovery
Preparing a business continuity plan
Set up a framework for how you, your staff and your business respond to a crisis
- Business management
- Disaster recovery
Managing risk during business recovery
An effective risk management plan can help prevent further impact on recovering businesses
- Business management
- Disaster recovery