With a little over a month removed from Superstorm Sandy striking the northeast, many small businesses are still struggling to get back on their feet. Unfortunately some of these businesses will never reopen. According to the Office of Disaster Assistance (SBA), up to 40 percent of small businesses fail after being hit directly by a natural disaster. Of these businesses, only 43 percent feel they are prepared to handle a major emergency.
There are many reasons why small businesses are not prepared. Many don’t know where to start while others believe it’s too expense or they don’t have the time to work on a plan. These are just excuses. Unfortunately until small business owners stop believing that a disaster or disruption won’t strike them they’ll continue to use these excuses.
It doesn’t take much to put together a simple disaster recovery plan in place and build on it. Just documenting the basic running of a business is a good start. This will allow your business to know exactly what is needed to get back to being productive as soon as possible.Once this information is documented your business can use it as a base to create a broader plan. This broader plan could include information on secondary contacts such as vendors or alternative places to work. The idea is to continue working on a plan that will help put your business in the position to reopen as soon as feasibly possible.
It is not if but when the next disaster or disruption will strike your business. Don’t leave yourself wondering whether your business will be able to move beyond the next construction work your town does in front of your business or Superstorm that strikes your area. By taking the time now to prepare a disaster recovery plan for your business will be critical for its future survival.
Want to gauge what the preparedness level of your business is now when it comes to disaster planning? Download the Operational Preparedness Assessment and see what your business needs to work on to ensure it will be in a better position to move on after the next disaster or disruption your business encounters.
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