From fires and flooding to power outages and equipment failures, common business emergencies will have a direct effect on your business. In addition, your business is vulnerable to the indirect effects of disasters your suppliers, distributors or customers may experience.
So, what is your business doing to prepare and plan for the unexpected? (Hopefully, your first thought is not: “It will never happen to me!”) If you’re like most people, you might say you’ve done very little. But you may have more plans in place than you realize based on your previous experience with emergencies.
You might also say you need more time and money to create a “real” plan, but we all use this excuse to procrastinate on completing projects. Disaster planning is not an enigma; it is creating a business plan for your business to stay open. By having a plan you can ensure that you stay in business to provide service and products to your customers and your community.
Disaster planning is important for businesses of all shapes and sizes because no business is exempt from disaster. The key to preparing your business is to know your strengths and weaknesses in advance to mitigate against the long-term effects of a business disruption.
Preparing is even more important if you are a small business because any amount of downtime equals a loss in revenue and sales. The main elements of a plan will be similar for most businesses, but the content and action items will be specific to your business. Some important components of a plan are:
- Determine the essential functions of your business that need to operate for you to recover.
- Understand the threats and everyday challenges that could cripple your organization or the work of your employees.
- Prepare an emergency plan to ensure the safety of yourself and your employees.
- Create a communication plan and gather essential information to contact personnel, customers and other businesses.
- Review your insurance coverage to learn how you are protected financially.
Your business is vital to our community, and we don’t want to see you close your doors for any reason. For more information on disaster preparedness and plan templates visit http://www.nebizrecovery.com.
For more information: contact Alison Ficociello, Nebraska's South Central Economic Development District, 308.995.3190, email@example.com.
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