Define: Business Continuity Plan

UK Accounting Glossary

Definition: Business Continuity Plan


Quick Summary 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




What is the dictionary definition of Business Continuity Plan?

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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

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Business Continuity Plan FAQ's



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Business Continuity Plan. PayrollHeaven.com. Payroll & Accounting Heaven Ltd. November 22, 2019 https://payrollheaven.com/define/business-continuity-plan/.
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Business Continuity Plan. PayrollHeaven.com. Payroll & Accounting Heaven Ltd. https://payrollheaven.com/define/business-continuity-plan/ (accessed: November 22, 2019).
American Psychological Association (APA):
Business Continuity Plan. PayrollHeaven.com. Retrieved November 22, 2019, from PayrollHeaven.com website: https://payrollheaven.com/define/business-continuity-plan/

Definition Sources


Definitions for Business Continuity Plan are sourced/syndicated from:

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

This glossary post was last updated: 30th September 2019.