Disasters can take many forms and the financial cost of rebuilding after a disaster can be overwhelming. If you’re prepared for emergencies, you’ll be in a better position to recover and continue operations should disaster strike.
Step 1: Assess your risk
Every business has unique vulnerabilities and weaknesses. Knowing which disasters are most likely to affect your business can help you to return to operations faster. A back-to-business self-assessment can help you to assess your risks for common hazards such as hurricanes, wildfires, flooding, or even cyberattacks.
Step 2: Create a plan
Your response plan is your roadmap to recovery, so it should be tailored to your business’s specific needs and operations. It should address immediate priorities and be easy to access. Checklists and online toolkits are effective resources to help you develop your plan. Consider the following:
- The IRS guide on preparing your business for a disaster
- The Federal Emergency Management Agency (FEMA) emergency preparedness checklist and toolkit
Focus on disasters that pose a realistic risk to your small business. Consult the following resources to lessen the financial impact of disasters and reopen your business quickly.
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Step 3: Execute your plan
Practice your plan with your staff so you’re ready when a disaster occurs.
Continue reading more from U.S.SBA https://www.sba.gov/business-guide/manage-your-business/prepare-emergencies