Free Articles, Free Web Content, Reprint Articles
Sunday, October 21, 2018
 
Free Articles, Free Web Content, Reprint ArticlesRegisterAll CategoriesTop AuthorsSubmit Article (Article Submission)ContactSubscribe Free Articles, Free Web Content, Reprint Articles
 

How to Make a Business Disaster Proof

It becomes important for each business owner to know on how to safeguard the venture and make it disaster proof. There is often no strategy to evade disaster be it national, weather induced or personal disaster.

However, there are tactics to deal with disaster in a better manner. Hence, it is extremely crucial for everybody to learn what to do next when a disaster strikes, peculiarly for a modest business owner, who completely relies on the commerce for living.

 

Disaster Plan for Small Business:

 

Discussed below are strategies that can help a small concern owner to setup a successful disaster plan:

 

  1. Start by making a disaster plan: This is a very crucial step in disaster plan making, since most of the business owners never think on what to do in case of fire, earthquake or any kind of catastrophe, which has the potential of damaging the business venture ruthlessly. Hence, make a detailed plan covering as much number of variables that are imaginable. Consider planning for natural disasters such as earthquakes seriously. An owner needs to be acquainted with details on where to move the merchandise to ensure safety, in case of an accident. Frame a map with details such as shutting off the utilities, as such gas and electricity. Sketch a similar kind of plan, in case of other emergencies as such fires, floods and civil turmoil.

 

  1. Create a Back Up: It is important to create a backup of all the computer files anywhere else. This practice is most essential for business owners having widespread computer files. Follow this practice of maintaining a back up on regular basis. Ensure to secure back up files in a location other than the office premises.

 

  1. Store records: It is equally important to store records and physical papers beyond the business site. A business need not forget the security pertaining to tangible records as such bills, receipts and client database. Small business owners can consider safeguarding their important files at the bank’s safety deposit lockers. Records are akin to business identity, remember that disaster is uncertain, and can strike any concern and the office premises is not an exception to it.

 

  1. Maintain an updated insurance: Growth of any business is simply magnificent, but affluence devoid of adequate insurance is surefire disaster. Hence, it is better to keep in touch with the insurance agent and maintain the insurance current. This holds more significance in case of a home business. As most homeowner’s policy do not offer coverage to business supplies and equipments, verify with the insurance firm to check whether business paraphernalia is under protection. In case, there is a need, take out additional policies to make the business disaster proof.

 

Lastly:

 

Set up a cash reserve for emergencies. Majority of financial expert advices families, to keep aside some funds almost 3 to 6 months livelihood expenses to use, in case of emergencies. It is good for the small business firms to follow the same strategy. In case a disaster strikes, the business can have the funds to pay bills, rent and payroll to the employees devoid of taking layoffs.

 

Last of allPsychology Articles, let the employees know about the disaster plan and what steps to follow in case of an adverse event occurrence.

Source: Free Articles from ArticlesFactory.com

ABOUT THE AUTHOR


John Elton owns and operates a Best Penny Stocks Picks website to help other investors with their stock decisions. He also operates a Home Based Business earn money online site to help entrepreneurs gain experience and wealth.



Health
Business
Finance
Travel
Technology
Home Repair
Computers
Marketing
Autos
Family
Entertainment
Law
Education
Communication
Other
Sports
ECommerce
Home Business
Self Help
Internet
Partners


Page loaded in 3.338 seconds