Weather Related Emergencies: Would your Business Survive?

Almost 40 per cent of all small businesses affected by a major disaster do not reopen their doors because they were unprepared for the disaster. By creating a well-rounded disaster preparedness plan, gathering supplies and training workers, you may prevent some hazardous situations from worsening, as well as improve your company’s chances of recovering from such an event. a person holding a colorful umbrella

Of all the things you plan for, weather probably isn’t one of them. And that’s a mistake.

Follow these steps to prepare for any weather emergency:

• Develop a Plan. How will you manage in the event of a weather disaster? Who is responsible for doing what? What do you need to run your business at a remote site? Stock up on office supplies and necessary storm supplies, and make sure you can access your data. Data that isn’t updated until the end of a month, quarter or year may not seem as critical, but some weather-created disasters, such as a tornado or hurricane, can have an impact for a long time.

• Understand Your Coverage. Your business insurance should protect your business structure, company vehicles, your employees and your customers from injuries suffered on your premises. In addition to property and casualty insurance, talk to your agent about adding business interruption insurance to your business owner’s policy.

• Watch the Weather. The biggest mistake may seem like common sense, but unfortunately it happens quite frequently: Not paying attention. Knowing about a storm or a local wildfire as soon as possible gives you and your team ample time to prepare for the worst and get as much done as possible. This additional time could be used to make crucial game-changing decisions.

Proper planning will help to protect employees, lessen the financial ramifications, and help your business re-open sooner.

No Comments