Tips for Lessening Risk at Your Business

12/27/2019 (Permalink)

Being prepared for a disaster or an emergency can help protect your business!

While there are always aspects of owning a business that are risky, being able to plan for dangers and lessen our risk is an important part of being a business owner. One of the best ways to do this is by planning ahead for a natural disaster—because they are becoming more and more prevalent, knowing how to protect your business in an emergency scenario is wise.

Evacuation orders can come through at any time and there is often not enough notice to fully plan an escape. Therefore, creating a protocol in advance for what you will do during the moment of a disaster and how to get your business reopened in the aftermath can ensure you can get to safety quickly while still mitigating as much risk as possible.

Here are a few Natural Disaster Planning Tips for Business Owners

1. Double-Check Your Insurance
Every insurance policy is different, but in many cases, a single business policy is not enough. Catastrophic events such as natural disasters are often beyond the scope of coverage for insurance claims, requiring business owners to purchase extra commercial policies for their business to make sure they are protected.

2. Create Your Action Plan
An emergency action plan is the best way to get yourself and your employees to safety while still making smart business decisions. Making a physical plan that includes things like evacuation routes, local shelters, location of emergency supplies and the nearest medical facility will help you know exactly what to do when disaster strikes and tensions are high.

3. Rehearse Drills and Prepare Staff
Keeping employees in-the-know about disaster procedures will help everyone feel more protected should a disaster occur. Sharing the emergency action plan and regularly rehearsing it is the best way to make sure that everyone understands what the disaster protocol is and can follow procedures.

4. Choose a Restoration Company to Work With
In the aftermath of a natural disaster, recovering quickly is one of the most important things for businesses, as a lapse in operations can be devastating for financial security. For this reason, choosing your preferred restoration company well in advance is advised. By doing this, you can call immediately to have your restoration begun and work to reopen as quickly as possible.

If you need to pick a commercial restoration company that’s right for you, call us today! We can tell you all about what sets our process apart.