It could be a flood or a fire, illness of important members of staff or IT failure, and it could result in the loss of key customers or, in a worst case scenario, force a business to stop trading.
Firms are increasingly putting in place continuity plans to ensure they can continue to operate in the event of an emergency.
James Davis has been to Manx Telecom’s Business Continuity Centre where he spoke to head of corporate and public sector sales Richard Fletcher:
Strike off process against companies with out-of-date information starts
800 of 1900 companies have taken necessary action
Payroll firm reprimanded after thousands of personal records discovered in abandoned shredding bins
Information Commissioner finds payroll documents spanning nearly two decades left unsecured after company’s local closure
Local food van 'disappointed' not to be visiting Castletown after offering 42 dates
Filbey's says it has 'no malice' towards commissioners after dispute
Concern in Northern Ireland over fishing visas
New restrictions imposed on who can fish Manx waters
