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:
'Massive chef shortage' on the Island
Eateries closing on several days due to lack of staff
Retailer to stop selling 'untenable' newspapers and magazines
Increase in online readership and risings costs among reasons for decision
Hospitality boss says losing website address has 'massively' affected business
Calls for urgent review of way .im domain disputes are handled
Businesses urged to exhibit at The Big Manx Feast
Food and Drink Festival being relaunched this year
