As any business owner can attest to, time is money. When business is disrupted it costs money. When the disruption is due to a disaster there are extra expenses and less revenue.  Your insurance will not cover all the costs, and the customers cannot be replaced. Developing a plan that protects your employees and lessens the financial impact following a disaster is a key to your business's recovery following a disaster.  It is important to note that the opening your business quickly following a disaster greatly contributes to the economic recovery of your community.  According to FEMA, up to 40% of businesses do not reopen following a disaster. While the statistic is astounding, most businesses do not have preparedness plans in place.  Do you want your business to be a statistic, or a leader in the revitalization of your community following a disaster?

Ready Business assists businesses in developing preparedness programs by providing the tools necessary to address all the hazards that may impact your business. 

The U.S. Small Business Administration (SBA) has some excellent resources for your business regarding disaster planning, cleanup, and recovery planning.

FEMA also has a collection of resources that can assist in analyzing the costs associated with disasters, insurance information, and various case studies.   

Keys to implementing a successful preparedness plan:

  • The program must not only managed and planned, but tested and exercised as well. This allows for analysis of any overlooked procedures or other gaps that may be present in the plan.
  • Remember that emergency preparedness plans are fluid, which means that they are constantly changing and need a regular review and evaluation.
  • Make sure you include a schedule to accommodate the fluidity of your plans.