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Should Disaster Strike, Would Your Business Cope?

17 January 2017 No Comment

Your business should be strong enough to survive anything, even a disaster. However, when it comes to effective disaster planning, many businesses fail to do any planning. The idea of a hurricane striking or your business premises setting on fire may seem unlikely, but that doesn’t mean that it won’t happen.

Ask yourself, is it really worth taking the risk of presuming that a disaster won’t ever impact your business? The answer is no; it’s not. Should a disaster strike, whatever it may be, you need to know that your business is covered and would cope. Because, after spending years building up your business, the last thing you want is to see it go under, right?

Thus, you need to have a plan in place that will ensure your business would cope, should disaster strike. To help you to put a plan in place and get to grips with what you need to do to cover all bases, below are some useful suggestions to take note of.

Read up and do your research

The first step to effective disaster planning is taking the time to read up and do your research. This is a crucial step and not one that should be skipped. The thing is, it’s impossible to properly prepare for a potential disaster if you’re not clued up on how to do that. So you need to take the time to read up on what your options are and what the best methods of disaster planning are.

For instance, you should take the time to research an emergency plan vs. a business continuity plan and what the uses and benefits are of each. An emergency plan is a plan for dealing with the initial emergency, such as keeping your employees safe and contacting the relevant people, such as the police or fire service, whereas, a business continuity plan focuses on returning the running of your business to normal. Both plans are vital, so understanding how to put them together is a must.

Back up important documents

One of the biggest mistakes you can make as a business owner is failing to back up important documents. If you’ve already saved all of your most important documents to cloud storage, then this isn’t an issue. However, if most of your important documents are paper, you need to take the time to back them up. That way, should disaster strike, you won’t lose any of your important data or documents, making getting your business up and running again, much easier.

The good news is that there are plenty of cloud storage options, from Dropbox to Google Drive, with many of these services free to use. So even if you’re on a tight budget, you can still afford to get cloud storage and save all of your important documents and data to your account. The best way to do this is to set up your computer to automatically sync documents and data saved to a certain file to your cloud storage. Meaning that it doesn’t have to be time-consuming to keep your cloud storage up to date with important documents.

Make insurance a priority

If you’ve already got business insurance, that’s great. However, what you need to determine is that the policy that you have in place covers all bases. This means that whatever happens, you know that your business is adequately covered and anything that is damaged will be replaced. If you haven’t already got insurance in place, then you need to invest in it as soon as possible.

To ensure that your policy covers everything from damage to your premises to unusable pieces of equipment, call your insurer and check. It’s also important to find out what types of disasters your policy covers, as you need to ensure that everything from natural fires and floods to internal floods and fires caused by faulty wiring are covered.

Want to ensure that should disaster strike your business would recover? Then take note of the tips and advice above, and implement them.

 

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