What is a Business Impact Analysis (BIA)?
Physical damage to a building, destruction of machinery, or even an electrical power outage; what is your plan of action if any of these were to happen to your business? If you hesitated for even a second, it might be time to consider creating a business impact analysis. A business impact analysis, or BIA, helps you understand the effect a disaster can have on your business. With this information you will be able to develop a recovery strategy as well as a mitigation strategy to limit the impact of a disaster. Let us show you how to get started on your own BIA so that you can improve your disaster recovery (DR) plan and improve confidence.