Retooling Your Business in the Face of Disaster

With hurricane season upon us, thousands of small business owners are being reminded of the importance of implementing a disaster plan for their enterprise--especially those recently hit by Category 1 Hurricane Dolly in southeastern Texas. Whether your business is threatened by hurricanes, tornadoes, wildfires or another disaster, taking precautions against unforseen tragedies now could save your business in the future.

But sometimes, even having a disaster preparedness plan in place isn't enough to keep your original business plan intact. For example, after Hurricane Katrina devastated New Orleans in 2005, Peter Menge and Aaron Wilson, owners of cooking school and catering business The Savvy Gourmet, had to rethink their business. Instead of opening the school, Menge and Wilson responded to the need for restaurants in New Orleans and put their dreams of teaching on hold. Check out this article to learn more about how they saved their business by starting a new one.

For more about enduring disasters of all kinds, read this "Crisis Averted" article from the June/July issue of MyBusiness.