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What is the Business Continuity Plan (BCP)?

A Business Continuity Plan, or BCP, is a formal plan of prevention and recovery for emergencies and potential threats to an organization. This plan ensures that there are step-by-step procedures in place that our team can efficiently implement during significant business disruptions, some of which include cyber-attacks, natural disasters, and pandemics. Our goal is to avoid and limit any potential disruptions to our organization and restore all essential services available to clients as quickly as possible.

 

Who is the BCP Taskforce?

Our BCP has been created and maintained by a group of select individuals who have invested time and resources into ensuring that our whole team is regularly trained to prepare for and adapt to a multitude of scenarios. This taskforce includes members from the Advisory, Tax, Business, and Marketing divisions of our company who have undergone extensive training in data security and will annually review and update the BCP.

 

Why is the BCP instrumental to what we do?

At Storen Financial, our team often champions the proactive approach versus the reactive approach, and we want to practice what we preach. We simply could not do this without adequately preparing for any foreseeable emergency. That’s why if and when an emergency occurs, you can trust that we will have a comprehensive recovery plan in place to ensure we continue to make a positive impact on our clients’ financial futures through ongoing commitment, education, and engagement.

 

Blog by Debbi Kuller – Chief Operating Officer

Learn more about Debbi and the rest of the Storen Financial team here.