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Invest in your small business

Almost 40 percent of small businesses never reopen their doors following a disaster. - FEMA1

Small businesses are the lifeblood of our economy2

It’s been said that if a small business can’t resume operations within 10 days following a natural disaster or unforeseen and uncovered event on their insurance policy, then it probably won’t survive.2

"During the first half of 2017 (January-June), the US experienced a rapid succession of disaster events, which follows the near-record number of billion-dollar disasters that impacted the US in 2016," said the post from NOAA3.

Invest in your business by doing this:

  1. Decide now that you are not going to be one of the 40% that never reopen after a disaster.

  2. Put a date on your calendar when you will start to create your disaster recovery plan.  

  3. Hire a vendor to assist with your disaster recovery plan.  The outside assistance will ensure completion.  

  4. Add to your budget your additional insurance policy premiums.

  5. Review your plans and policy annually.

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1 https://www.fema.gov/protecting-your-businesses

2http://www.nkytribune.com/2017/01/keven-moore-small-business-owners-are-lifeblood-of-economy-beware-pitfall-of-no-insurance-coverage/

3http://www.businessinsider.com/the-us-has-already-been-hit-with-9-other-billion-dollar-natural-disasters-in-2017-so-far-2017-8