Company is looking to disrupt Business Continuity Planning industry
MIAMI, Fla. – Succession Strength is announcing the launch of their ContinuityStrength online platform that will help small and medium businesses protect their growth by responding confidently to unplanned events.
Some companies in regulated industries, like banks and hospitals, are required to have contingency plans in the form of a Business Continuity Plan in place. However, unlike major corporations, small and medium businesses are generally unprepared to respond to unplanned events. Their inability to respond quickly and confidently during a disruption makes them disproportionally more more likely to be negatively impacted and reduces their chances of recovery.
On average, 50% of businesses without a Business Continuity plan fail immediately following a major disruption while an additional 25% close within two years according to Deloitte and the U.S Department of Labor. Many small and medium sized businesses are generally unaware of the importance of having a documented contingency plan in place until they are in the middle of the chaos of a disruption.
ContinuityStrength’s online platform makes Business Continuity Planning more inclusive for small and medium businesses. It bridges the gap between these more vulnerable businesses and the steps that they need to take to respond confidently and recover quickly from unplanned events. Without the hassle of hiring advisors, businesses from all over the world simply create a professional Business Continuity plan that can be quickly accessed and followed in an emergency.
Even before the recent pandemic hit, 1 in every 2 businesses were likely to face a major disruption like a death, disability, divorce, disaster or disagreement during their lifecycle according to the Exit Planning Institute.
“For any business to achieve its growth objectives, it needs to be protected from unplanned disruptions. We’re proud to be removing the barriers on what was once an inaccessible industry for small and medium businesses so that they are in a better position to achieve their growth potential.” said Rochelle Clarke, CEO of Succession Strength.
Succession Strength is a corporate partner of the Business Continuity Institute. Smaller businesses could rest assured that their ContinuityStrength Business Continuity Plans are aligned with international standards and made for businesses their size.
ContinuityStrength is an expansion of Succession Strength’s Business Continuity advisory. Businesses simply answer the questions online, upload any supporting documents and have their own professional Business Continuity plan created in minutes.
The scalable solution also helps companies, like franchises, that work with small and medium businesses proactively manage risk by protecting their network in a more consistent way. ContinuityStrength Business Continuity plans are found at www.ContinuityStrength.com
About Succession Strength
Succession Strength is a company that keeps good businesses in business for generations by protecting business operations from unplanned disruptions and facilitating smooth transitions to the next stage of the business’ lifecycle. The company is headquartered in Miami, Florida but works with an array of clients from around the globe. Find out more information about how Succession Strength helps small and medium businesses protect their operations from unplanned events at www.ContinuityStrength.com
