The potential consequences of not having a business continuity plan can be severe. Without a plan, your business may not be able to recover from a disaster or disruption, which could lead to financial losses, damage to your reputation, and even business failure. It could also lead to a loss of customers, as they may turn to your competitors if you are unable to provide your products or services. Furthermore, without a plan, you may not be able to meet your legal and regulatory obligations, which could result in fines or legal action.
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