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Talking the Torque – Business Continuity Planning for Motorcycle Dealers

Does your business have a clear and robust Business Continuity Plan (BCP)? If it does, when was the last time it was reviewed?

No one likes to dwell on the negatives and why should we if business is genuinely going well, but it is good practice for all businesses to carry out a periodic risk assessment to ensure that it is prepared for all possible catastrophes.

If a large fire occurred at your business premises, would your management team, your employees and your suppliers know what to do? Even the process of creating a BCP can be beneficial to a company as it has the power to stimulate thought and make you consider the "what if's".

We believe that our Torque Bike clients in particular should give the concept of writing a BCP due consideration. Providing continuity of service is vital for businesses in the Motor Trade sector as they need to get the business up and running in the least possible time, otherwise customers will simply go elsewhere.

A good continuity plan will include the following headers : -

  • Identify the potential crises that might affect you
  • Determine how you intend to minimise the risk of these disasters occurring
  • Set out how you'll react if a disaster occurs in a business continuity plan
  • Make arrangements to test and update the plan periodically

So here's the good news. We are pleased to advise that all of our Axa Torque Bike policyholders are able to tap into a FREE online service which provides assistance with developing a bespoke Business Continuity Plan. It allows the user to download a series of templates and access supporting information to save the job of having to create a BCP from scratch.

For more information about how this could help you please contact James Skilleter on 01603 218232.

Published 1st May 2012

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