Steps to Prepare for Any Weather Emergency
5/16/2018 (Permalink)
Weather events impact small businesses every day. In fiscal year 2015, the U.S. Small Business Administration provided 46,000 businesses and individuals with $2.8 billion in disaster loans. No owner wants to believe it could happen to them, but severe weather is an issue no matter where you are located.
Follow these steps to prepare for any weather emergency:
- Develop a Plan. How will you manage in the event of a weather disaster? Who is responsible for doing what? What do you need to run your business at a remote site? Stock up on necessary storm supplies, and make sure you can access your data.
- Understand Your Coverage. In addition to property and casualty insurance, talk to your broker about adding business interruption insurance to your business owner’s policy.
- Watch the Weather. Knowing about a storm as soon as possible gives you and your team ample time to prepare for the worst and get as much done as possible. This additional time could be used to make crucial game-changing decisions. A NOAA weather radio can help, especially for immediate threats like flash floods and tornadoes.