Disasters and emergencies can strike anywhere, anytime, but too many businesses lack a plan to help them deal with a crisis and recover from it.
This puts business owners, employees, and customers at risk in these situations and may also open the business to legal liability.
A smart disaster plan that covers all the bases, down to fire escape routes, active shooter training, and even emergency communications using two way radios can help businesses safeguard their people and their livelihood.
According to the Boston Globe, less than 50 percent of small businesses surveyed in a study by Staples said they are prepared for severe emergencies or that the business regularly communicates safety plans to staff. Thirty-eight percent said their companies do not have regular safety training or drills.
Respondents said the emergencies their companies were least likely to be prepared for include excessive heat, gas leaks, flooding, or chemical spills. The study surveyed 400 office workers and 400 managers at companies of various sizes throughout the U.S.
Natural disasters and other emergencies carry huge costs for U.S. businesses. According to the Insurance Information Institute, insured losses due to natural disasters alone in the U.S. totaled $16.1 billion in 2015. When you consider the losses that insurance may not cover, it quickly becomes clear that businesses need solid emergency plans for natural disasters and other emergencies that may arise.
The first step in better preparing a business for emergencies and disasters is identifying the crises that may occur. Some common emergencies that businesses need to prepare for include:
Once you’ve identified some of the most likely causes of emergencies for your business, you can begin making plans to mitigate these threats.
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