With wildfires raging in California and the damage from Hurricane Humberto still plaguing Texas and Louisiana residents, there’s no time like the present to prepare your business for disaster. According to the Institute for Business and Home Safety, “A quarter of all businesses never reopen after a disaster strikes, and those that do struggle to stay afloat.” As we’ve seen in the past few years, disaster can strike anywhere and at any time—and your small business is no exception to potential damage.
According to this article on Smart Money’s small business Web site, putting a contingency plan in place is your best bet for staying afloat after an emergency hits your area. As the old saying goes, “it’s better safe than sorry,” and although taking the necessary precautions to guard your enterprise could prove costly, the risk of losing money could be worth it in the end. Check out the article to learn more about protecting your small business.
