A distinguished team of authors from academia and practice outlines the legal, economic, and market conditions necessary for successful business continuations. The prerequisites for permissible continuation are described both under the conditions of standard proceedings and within the framework of self-administration. Additionally, the interfaces with business management requirements, as well as the administrative and organizational prerequisites, are discussed in detail. The new edition takes into account the SanInsFoG, which came into effect on January 1, 2021. Among other things, it introduced a restructuring procedure with the StaRUG that represents a paradigm shift, no longer aiming for the best possible creditor satisfaction but instead positing the debtor's interest in restructuring as the procedural goal. The continuation of business operations during the restructuring process is regarded as a given. The associated requirements for planning, implementation, and risk avoidance of a business continuation are comprehensively and additionally addressed in the new edition, as are the demands on management in the early and pre-crisis stages of a company. With the consideration of all changes, this work is essential for anyone involved in planning, leading, and executing business continuations, regardless of their role.