The Basics of a Continuity Plan
Storm damage, including flooding, can cause serious financial losses when business is put on hold. The loss of incoming revenue, combined with the expenses of storm cleanup services, can add up to a lot of reduced profits. A good insurance policy is a necessary element of surviving the storm, but on its own, that policy isn't enough. You must have a well-thought-out continuity plan in place to keep your customers away from the competition and to maintain a positive revenue flow.
Begin Planning Today
Don't wait until an emergency occurs to think about your response; put together a safety plan as soon as possible. There are four steps you should take in putting together a good plan:
- Identify critical business operations and the resources that keep them going.
- Pinpoint strategies to maintain operations, such as locating a temporary place of business and establishing ongoing communication.
- Put together a continuity team and assign specific responsibilities during a crisis.
- Provide regular training sessions and run exercises so the continuity team and other personnel are prepared for an actual emergency.
Many companies, today, depend on computers and related components. Make sure your continuity plan includes recovery strategies for your IT team and their procedures.
Access Available Resources
Fortunately, there are many resources available to help you put together the strategies and tools you need for successful continuity. These include the talents and skills of your employees, off-site computer services, local flooding and storm cleanup companies, utility providers, emergency response professionals (such as firefighters,) and government systems, including websites with valuable information.
Proceed With Confidence
Take into account the most likely sources of trouble for your business. This should include the severe weather common to Edgewood, MA, and the problems that often accompany your type of business (i.e. kitchen fires in a restaurant.) With a continuity plan in place, you'll be ready to weather the storm and come out with your business intact.