Disaster Preparedness Guide for Small Business Owners
Protecting yourself today means you're better prepared for tomorrow. It's critical for small business owners to implement a disaster preparedness plan to help in the case of a natural disaster such as a flood, tornado, or fire. Consider the following tips to ensure the safety of your employees, customers, and property:
1. Purchase the Right Insurance Coverage
Be sure to regularly review your insurance coverage package to guarantee you will be covered from flooding, wind, and other types of weather damage you may encounter. Talk with your insurance advisor to find the best possible coverage for your business.
2. Protect Your Data
If you're not already, you should make sure that all files are digital and that all data is regularly backed- up onto a secure server off-site or a cloud-based platform. Fortunately, many businesses are moving toward cloud storage rather than on-site servers, which protects against major data loss and may even offer employees the ability to access files remotely if/as needed should the physical structure at the office be compromised.
3. Create a Response Plan
Take the time to write down a plan that details what your company will do in the event of a natural disaster and make sure that it is posted in a place that is easily accessible by all employees. In it, you should include:
- Evacuation routes and escape procedures
- Emergency phone numbers for employee reference
- Specifications on how employees should continue to operate remotely in the case of a business shutdown
4. Set Aside an Emergency Fund
It's recommended that small business owners set aside funds that could cover at least two months of business expenses. This money can allow your business to continue operation and immediately begin the restoration process.
5. Develop a Communications Strategy
After an emergency, it's also critical to keep your customers and suppliers informed. It's wise to outline with your team how you're going to communicate with your key vendors and customers about what your company is currently experiencing and provide them with an approximate timeline of when you'll be back up and running.
As a small business, you can't afford long periods of downtime. That's why Menold is here 24/7 to provide you with quick and quality service that will restore your property and your peace of mind. With over 40 years of construction and restoration experience, we've seen firsthand how disasters impact businesses and homeowners alike. You can trust us to make it better. Call us today to speak with one of our trained restoration specialists! 877-636-6537