So the place to begin defining your disaster recovery plan is not in the server room but rather out among the business units. For example, maybe you work for a financial institution that has to comply with Sarbanes_Oxley, HIPAA or PATRIOT Act regulations. Information availability is required under all conditions, including routine back_up. Fines for non_compliance and damage to reputation for failure to comply are huge. Or Your organization manufactures precision electronic components and your ERP and inventory management systems must be operational during the week. Downtime costs you /hour. However, routine maintenance can be performed during the week. Or Your company processes a high volume of data entry, fulfillment processing and shipping operations around the clock. Downtime has been calculated to be ผ꺜 per hour.
Nevertheless, templates still make planning easier, as well as, save a lot of money. They are less expensive alternatives to actually hiring professionals to make planning business work. An individual can choose from the many types of available business plan templates. Aside from appealing designs, the suitability of the plan template to his business must also be taken into consideration. In other words, if his business is about crafts, then, a business template for baking will clearly not work. Similarly, if the operating system of his computer is Windows, he should select a template that is compatible with Microsoft Word or Microsoft Excel. Then, standard business plan templates typically have parts that need filling up. They are mostly about ratios of operation, marketing and strategy plans, cash flow statements, and balance sheets. In addition, executive summaries are extremely vital. And these may seem really difficult for individuals who have never transacted any business in the past. Fortunately, business plan templates will efficiently guide these individuals through each document.