Board Minutes – Approval of a Business Continuity Plan

PLEASE BE AWARE THAT THE ECONOMIC CRIME & CORPORATE TRANSPARENCY ACT 2023 IS BEING IMPLEMENTED IN PHASES AND MAY CHANGE THIS TEMPLATE. 

Directors are tasked with the management and control of their business. This includes planning how a company should maintain its business following an incident, event or emergency.

Use these minutes to approve a Business Continuity Plan and record director oversight

These board minutes recognise the importance of putting in place a Business Continuity Plan (BCP) and approving its implementation by the company. Having board minutes that acknowledge the importance of a BCP, and provide a written record of actions taken to implement it, helps demonstrate that directors are meeting their directors’ duties obligations.

Business continuity planning: identifying critical functions and maintaining operations

Many events can bring a business to a halt, for example flood, fire, illness, power failure, break-in or vandalism. Business Continuity Planning involves identifying parts of the organisation that cannot afford to be lost and planning how to maintain them if an incident occurs, whether large or small.

Tailor the plan to the organisation

A BCP must always be appropriate to the specific organisation, and the level of detail recorded in these board minutes will depend on the company’s needs.

Board Minutes – Approval of a Business Continuity Plan is part of Corporate. Just £38.50 + VAT provides unlimited downloads from Corporate for 1 year.