Business Continuity Plan

Business, Legal & Accounting Glossary

Definition: Business Continuity Plan

Business Continuity Plan

Full Definition of Business Continuity Plan

A business continuity plan is usually a separate document, associated with larger organisations. It sets out a range of procedures for dealing with issues, in the event of a major problem or disaster situation, to minimalise interruption to the business. Such events would include fire, flooding, electrical or gas faults, accidents with hazardous materials, even terrorist activity etc.

The relevance of this in the context of a business plan, whatever the size of the business, is that these issues should be considered and outlined in the Risk Assessment and Health & Safety sections. Any potential investor would want to see that there were satisfactory preventative procedures and contingency measures in place to reassure them that their investment would be secure. Insurance on its own is not generally sufficient, as some businesses do not survive a major disaster – despite being well insured.

The following covers some of the common key business areas that might be affected – but it will vary from business to business.

Areas to be considered could include:

  • Premises
  • Human resources management
  • Production processes
  • Quality control mechanisms
  • Maintenance procedures and support services
  • IT services & computer systems
  • E-commerce processes
  • E-mail communication
  • Customer service handling
  • Sales and sales administration
  • Accounting systems & financial records
  • Research and development activities
  • Marketing and public relations
  • Transport & logistics

Cite Term

To help you cite our definitions in your bibliography, here is the proper citation layout for the three major formatting styles, with all of the relevant information filled in.

Page URL
Modern Language Association (MLA):
Business Continuity Plan. Payroll & Accounting Heaven Ltd.
January 29, 2022
Chicago Manual of Style (CMS):
Business Continuity Plan. Payroll & Accounting Heaven Ltd. (accessed: January 29, 2022).
American Psychological Association (APA):
Business Continuity Plan. Retrieved January 29, 2022
, from website:

Definition Sources

Definitions for Business Continuity Plan are sourced/syndicated and enhanced from:

  • A Dictionary of Economics (Oxford Quick Reference)
  • Oxford Dictionary Of Accounting
  • Oxford Dictionary Of Business & Management

This glossary post was last updated: 30th September, 2019 | 2 Views.