No one likes to think that their business could be at risk, but the truth is natural disasters can strike at any time. Hurricane season starts in June and continues through November, Tornado season from April to June, and major thunderstorms or flooding can happen any time. Here are some ways you can prepare your business for the worst case scenario:
- Verify Contact Information for Employees, Suppliers and Vendors.
- Make sure that you have accurate and up-to date contact information so you can check on the wellbeing of employees and suppliers, as well as notify them when you are able to reopen your business after a disaster.
- Identify an Alternative Site for Business Operations
- You know if your business is located in an area likely to experience a natural disaster. Should your primary center of business operations be unavailable following a disaster (or during), having a backup site will allow you to keep your business running in the meantime. Stock your backup site with any special supplies or equipment you may need to run your operation.
- Secure and Backup Your Vital Records and Data
- Hopefully, this is something you have already done, risk of natural disaster or not. Securing your vital records will ensure that employees, clients and vendors are protected, as well as keep you from running your business while you try to salvage what’s left of your network after a disaster.
- Check Your Insurance
- Speak with your agent about exactly what you’re covered for. Will your insurance cover the costs of creating a temporary office while you wait for repairs to be made? What about the loss of revenue while your business is out of commission? These are all things your agent would be happy to discuss with you, to ensure that your business is covered from all foreseeable disaster.