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Financially Prepare Northeast Ohio
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If your business is disrupted, how would you be affected? Communities affected by disaster have a more difficult recovery when their business sector is slow or unable to recover. They need the stability and revenue generated by a solid business sector. Preplanning is the most effective way to ensure that your business will survive a business interruption.
- Studies show a significant percentage of businesses affected by a disaster will eventually close.
- Make sure you have an up- to-date and tested business continuity plan that addresses all the critical functions your business performs.
- No business is immune from fire, storm damage, power outages, workplace violence, employee or competitor sabotage or media crisis.
- Don’t overestimate your business insurance coverage/benefits.
- People do not make the best decisions in a crisis unless they are trained to do so and no one can consider all the ramifications of a crisis situation instantaneously.
- Business continuity plans are most effective when they are developed by the company that will use them.
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Fast Fact: A financially-prepared community is a financially-empowered community
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