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Do You Have an Emergency Plan? 4 Disaster Preparedness Tips for Businesses, Homeowners and Renters

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Do You Have an Emergency Plan? 4 Disaster Preparedness Tips for Businesses, Homeowners and Renters

By Carol Chastang, SBA Official
Published: August 30, 2012

 

If you run a small business, you understand the benefits of “business continuity” and the need to get a plan together to protect your company from being shut down by a disaster.  As a business owner, you also depend on the well-being of your employees, clients, customers and neighbors to stay in business.  So it makes good business sense to do what you can to help them prepare for any kind of disaster.

The same basic preparedness tips that work for businesses – storing important records offsite, having contact information for your employees, clients and suppliers, keeping an emergency kit nearby – also apply to homeowners and renters. 

Here are a few disaster preparedness tips for homeowners, renters and businesses:

  • Make copies of your important records, and store them in a secure place far enough away in case a widespread disaster hits, yet close enough to have quick access to those documents when needed.
  • Keep an up-to-date list of e-mail addresses and phone numbers for family members, employees, co-workers and insurance company contacts.  Make someone in your family or company responsible for maintaining this list, and for contacting everyone after the disaster.
  • Do you understand the limits of your business, homeowner or renter’s insurance policy? Check in with your insurance agent to make sure you have enough coverage to recover from the disaster.
  • Put together an emergency kit that includes one gallon of water per person per day, a three-day supply of non-perishable food, a battery-powered radio, a flashlight with extra batteries, a first aid kit and a cooler to keep refrigerated food cold in case of a power outage.

To get help on building an emergency plan for your family, check out Ready.gov.  If you’re a business owner, visit the American Red Cross’ “Ready Rating” site to learn how to protect your company from being shut down permanently after a disaster.

For more disaster preparedness tips, tune into the SBA and Agility Recovery business continuity webinars hosted every Wednesday in September as part of National Preparedness Month.  Getting prepared now means saving lives, money, time, and will help you return sooner to life as you know it. 

Note: Each year, about 80 percent of SBA disaster assistance goes to homeowners and renters.  This year, the SBA has made more than 11,000 disaster loans to homeowners and renters for a total of $405 million.  About 1,700 business disaster loans have been approved for $203 million. 

 

 

About the Author:

Carol Chastang

SBA Official

Comments:

This is a great article! If you do not have an emergency plan in place, you should start thinking about creating a plan. A lot of businesses are underinsured, so it is important to speak with an insurance agent to get the coverage you need. I would suggest speaking with your insurance agent at least yearly to ensure your policy is up to date and provides you with the coverage you need. In the event of an emergency or natural disaster, having a plan in place and the coverage you need will give you peace of mind and will ultimately protect your business.
This is one of the good articles you can find in the net explaining everything in detail regarding the topic. I thank you for taking your time sharing your thoughts and ideas to a lot of readers out there.
Did you see the floating cars in New York? homes flooded out? without flood insurance, the only insurance that covers floods is flood insurance no matter what caused it (not talking about water pipe breaks), there isn't much that can help those affected by super storm Sandy without flood insurance. Flood zones are in every inch of the US. How much water over the last 100 years dictates how zones are classified and the relationship to that number with a structure's elevation determines rates, usually inexpensive. Cars and vehicles must have comprehensive endorsements to cover fire Flood and theft. Comprehensive coverage is usually secured with Collision and sometimes known as Other than Collision. Car insurance has no flood zone designation. Review your business, home and car insurance to see if you are covered.
There's only one disaster recovery plan for online business.. Regular Backups.
Thank you for your post which is very much useful for us and nice information.   This post was edited to remove a link. Please review our Community Best Practices for more information about how best to participate in our online discussions. Thank you.
All of us mostly know the tips you shared with us. Just quiestion yourself, do you always follow these simple rules. You get busier and busier day by day and eventually you may get into a money hole and see yourself in another loan. So let's make sure we all follow these tips. Keeping the copy of all docs is the most valuable thing I guess.
This is really valuable information that most people consider for their homes and cars, but do not think about it in a small business sense. Enjoyed reading this.
Thanks a lot for this post!You have shared some very important tips how to save business.I am sure many small entrepreneurs will be benefited.

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