What Is Your Business’ Backup Plan?

The Living Planet Aquarium has lots of fish and quite a few other types of animals. Their penguins are one of their biggest draws. The penguins’ tank has to be kept very cool because penguins can’t tolerate too much heat, and Utah can get pretty hot sometimes.

Worst-Case Scenario

Girl pointing at penguins at The Living Planet Aquarium, Fishbowl Inventory BlogWhat if something goes wrong? Those birds’ lives could be at risk if something ever happened to compromise the environmental controls in their tank.

For example, the power might go out during a storm, which would shut down the air-conditioner unit. Thankfully, the officials at the aquarium thought of a solution to that problem long ago. They have a power generator for just such an emergency. But what if that generator fails? They have a backup generator, as well.

What if the backup generator fails or the air-conditioning unit malfunctions and needs to be taken offline? If all else fails, the aquarium has a failsafe plan: Summon an ice-cream truck to hold the penguins for a brief time until the problem can be solved or transport them to another facility where they’ll be kept cool until a more substantial fix can be found.

That is a lot of backup plans to ensure the safety of those penguins. Clearly, the aquarium officials have made them a high priority, and they don’t want anything to happen to those feathered friends.

Priorities

What is your business’ top priority? What is the one thing you must protect above everything else? Whether it’s a certain product, your customers, employees, assets, or whatever else it might be, you need to know exactly what it is that your success depends upon the most. Then you should come up with backup plans to safeguard it in any situation you can think of.

Here are some examples of failsafe plans for each of the scenarios I described above:

Set up multiple supply channels to make sure you always have access to certain products if one supplier faces a shortage. Empower your customer-service representatives to help customers with a wide range of concerns they may come to them with. Increase your employee retention by creating a flexible corporate culture, being responsive to employees’ needs, and doing other things that encourage them to stay for a long time. Use asset tracking software to make sure none of your valuable resources get lost and that you’re making the best use of your assets.

Black and White

It’s pretty simple to figure out what penguins need, but things might not be so black and white when trying to figure out how to keep your business running smoothly.

Fishbowl Inventory can help. It’s the No. 1 inventory tracking solution for QuickBooks users, and it works great for manufacturers, wholesalers, and even aquariums. Schedule an inventory software demo today to learn more about how Fishbowl Inventory can help your business prioritize your assets and create responsive backup plans.

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About Robert Lockard

Robert Lockard is a copywriter with Fishbowl. He writes for several blogs about inventory management, manufacturing, QuickBooks and small business. Fishbowl is the #1-requested manufacturing and warehouse management software for QuickBooks users. Robert enjoys running, reading, writing, spending time with his wife and children, and watching movies.
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One Response to What Is Your Business’ Backup Plan?

  1. Gold Price says:

    Two-Bin System. In this system, you have a main bin and a backup bin of products. You normally use the main bin, but once you run out and need to reorder, you use the backup bin to fill orders until the new products are received.

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