No Business Continuity Plan! Are You Liable?

Have a Business Continuity Plan is good business, and it may keep you out of court. I am not a lawyer, but this is one issue you need to understand.

If your firm has contracts with clients, maybe some outside investors, or purchase agreements with vendors, as the principal at your firm you may be liable for terms of the agreement. If your firm suffers a serious/fatal business interruption, you personally may be financially responsible for the terms of the agreement if YOU neglected to have a current and complete Business Continuity Plan in place.

Follow this link to read more! Good Luck, Best to Plan!