According to the Federal Emergency Management Agency (FEMA) and U.S. Department of Labor, 68 percent of small-business owners do not have a written disaster recovery plan.
Here's what happens after a natural disaster to businesses without a plan.
IMMEDIATELY
ONE YEAR LATER
THREE YEARS LATER
40% won't reopen
25% will close
75% will fail
All businesses should have a disaster plan to communicate with employees, local authorities, customers and others during and after a disaster.
Follow these guidelines to prepare your place of work:
Provide employees with information on when, if and how to report to work following an emergency.
Set up a telephone call tree, a password-protected page on the company website, an email alert or a call-in voice recording to communicate with employees.
Store valuable information in fire/waterproof containers, off-site and away from the storm’s path.
Evaluate your insurance coverage to ensure it will allow your business to fully recover after a storm. Keep your policy in a location off-site.
Maintain a video or pictures of your office/equipment prior to a disaster.
Stockpile spare parts and alternative power supplies.
Locate alternate work sites and moving companies.
Ensure that there are written procedures in place, lists of customers, vendors, inventory, calendars and schedules; and that this information and location is shared with other employees who will be needed to get the business back in operation.
Unplug equipment during major storms.
Encourage employees to have a workplace survival kit.