Major disasters, such as earthquakes and large-scale power outages, are rare. Smaller disasters, such as server failure, burst pipes and fires however happen every day. Companies often prepare for the worst but forget the everyday challenges, which can be just as crippling.
It may be a mistake to believe your insurance policy will cover all of your business continuity needs in the event of a major disaster. Another big error: not having a basic emergency plan that will keep your clients and employees safe when a crisis occurs. When disaster strikes, having a plan and being able to put it into immediate action can mean the difference between staying open to service the needs of your customers and community or shutting down for a few days.
The survival of your company rests—particularly when faced with a disaster—on whether or not you have a solid plan in place that will enable you to protect your assets, and allow your organization to rebound quickly.
SBA has partnered with Agility Recovery to offer business continuity strategies through the “PrepareMyBusiness” website. Visit http://www.preparemybusiness.org/planning to access past webinars and for disaster preparedness checklists.
The SBA provides disaster recovery assistance in the form of low-interest loans to homeowners, renters, private nonprofits and businesses of all sizes. To learn more, visit www.sba.gov/disaster.