Natural Disaster Preparedness Tips for Your Business

Natural Disaster Preparedness Tips for Your Business

Make sure you have the right business insurance in Astoria, New York and try out these tips to prepare your small business for a natural disaster.

You love your small business.  That’s why it’s so important to make sure that you protect it from anything that might come its way.  While having the right business insurance in Astoria, New York is one way to keep your business safe, there are other precautions you can take to prepare your business for natural disasters.  Here are some of the precautions you should take.

Complete a BIA

A BIA, or business impact analysis, helps you predict the impact that a natural disaster could have on your business.  It accounts for lost income, repair expenses, and delayed business plans.  Completing a BIA helps you recognize any problems with your current emergency preparedness plan.  For instance, it can point out any weaknesses with your customer communication, inventory management, or record keeping safeguards.  Completing a BIA for your business will help you tighten up your disaster preparedness plan or help you create one if you don’t already have a plan in place.  Click here to learn more about BIA and how you can conduct one for your business.

Emergency Response Plan

Another way to prepare your business is by making an emergency response plan.  An emergency response plan is the plan that you will follow if your business is impacted by a natural disaster.  This plan should include how you will handle business operations and communications before, during, and after an emergency.  For instance, your plan should cover how to safely evacuate your workplace, where your employees should meet up, and how to assist employees and customers with mobility issues.

Crisis Communications Plan

It’s also important for your business to have a crisis communications plan as part of their storm preparedness plan.  A crisis communications plan details how your business will communicate with employees and customers after a natural disaster.  Your plan should designate a company spokesperson who will offer reassurance and will help protect your business’s reputation with its customers.

Financial Data Protection Plan

Finally, your business should have a plan for keeping its financial information safe.  Having an internal and external back up of your business’s files can help protect customer records and other sensitive company information during and after a natural disaster.  Make sure that employees constantly backup customer information and safeguard their login credentials.  Additionally, you might want to consider getter cyber insurance protection to protect your business from financial or legal issues stemming from compromised cyber security.

Take these precautions to ensure that your small business is ready to handle any natural disaster.  To have an additional protective measure, make sure you have the right business insurance in Astoria, New York.  To find the right policies to fit your needs, contact the knowledgeable team at 01 Insurance.  Our dedicated experts are ready to get you the coverage you need today.