Protecting Your Business from the Unexpected
You don’t usually hear about the local businesses that go under because of hurricanes and earthquakes, but it’s not uncommon for small companies to fail after such catastrophes. Don’t let this happen to you!
While it is important to carry business interruption insurance, you’ve got to keep your “doors” open and generate revenue. An extremely important component of an effective risk management plan is being prepared to respond quickly to an emergency or a disaster.
Being prepared doesn’t mean having a few gallons of water tucked away in the back of the office. It means having a plan in place that ensures you can continue to conduct business immediately after a disaster or emergency strikes.
First, carefully assess your critical business functions. Consider which parts of your business can sustain a prolonged interruption. Many businesses can’t afford even a mild disruption — it may have disastrous effects on the future of the company.
Evaluating Your Business Continuity Plan
- Do you have a written Business Continuity Plan?
- Do you have a crisis management team?
- What provisions have been made for resuming business operations?
- Have you identified and prioritized critical applications?
- Does each job function in your company have a primary and secondary person assigned to perform its critical duties?
Call the Shring team at 678-680-4900 or contact us here to build your disaster prevention plan.