Let’s Talk Business: Protecting Your Company From the Unexpected

Dec 16, 2018

Have you taken the necessary steps to safeguard your company and secure your physical assets? Every business should have a plan.

We’ve all heard the scary numbers relative to the number of small businesses that don’t recover from a major disaster. But today, I want to talk specifically about some small steps you should take to protect yourselves from smaller events that could still be devastating to the unprepared.

Review Insurance Coverage: Make sure you understand what is covered and what isn’t. Also consider how you will pay creditors, employees, and yourself.

Prepare for Utility Disruptions: Plan ahead for long-term outages in case of a significant event. Consider back-up options like generators.

Secure Facilities, Equipment, and Electronic Records: Identifying back up equipment and sources is important. Keeping a copy of electronic records offsite or in the cloud is a necessity.

Improve Cyber Security: This can be very complicated and require specialized expertise. Please don’t take this area lightly. If your security plan is more than 5 years old it may not even address this area.

Fires, tornadoes, floods, and earthquakes are all possibilities here in the Cape/Jackson metro. Our local economy relies on the continued operation of our business base. Year end is a great time to review or implement your prevention and recovery plan. For additional resources, visit www.ready.gov.