With hurricane season quickly approaching (June 1 – November 30), all eyes will be on Florida after their experience with four hurricanes in 2004.
And as fast as you can say business disaster, your business can go up in smoke. With disasters like hurricanes, tornadoes, fires, floods and terrorism, to name a few, it’s critical for small companies to have a disaster plan. If you only have one location, it’s even more important. One location companies have the potential to lose the entire business if disaster strikes.
For a home-based business, it’s even worse. You could lose your home and your business in one swoop. Any small business owner can minimize the damage by simply having proactive strategies in place to deal with an emergency when it happens.
Think about this. Would your business survive if disaster struck? What would you grab if you had to leave quickly? After the emergency, how would you communicate with your employees? Customers? How long would it take to get back to business as usual?
Without a disaster plan, you’ll have a harder time getting back to work. Most small business owners think it will just take two or three days to get back to work. That’s tough to do if you have no plan for action and little money to move forward. The reality, experts say, is more like several months and at least 25 percent of businesses that experience a disaster never reopen.
Hop on over and read “The Third Plan Missing From Your Business” and heed the advice offered there.
Most small business owners just don’t make time for planning. We think it’s “never going to happen to us.” It could. The time to formalize a game plan for an emergency is before it happens. Do it now.
Do you have a disaster plan? Got a great tip to share with other small business owners? Tell me about it by leaving a comment.