Protect It

Insurance • Intellectual Property • Disaster Preparedness

| 4/22/2015

It pays to be prepared.

Did you know that 40% of small businesses that are forced to close because of a disaster never re-open? Your best defense against being one of them is to be prepared.

Review your insurance policies regularly with your agent to be sure that you are adequately covered and understand your deductibles.

Diversify your customer base geographically so that if one area is severely impacted by a disaster, you can continue business as usual in another that is not.

Develop relationships with back-up suppliers before a disaster strikes so you can get up and running as soon as it is safe to do so.

Talk to your accountant, attorney, banker and other professional advisors so you know when and how to access your records — and your money.

Put together a fire- and water-proof “Records-to-Go” box containing important documents and necessary supplies for your business to continue operating after a disaster. Store it in a safe, off-site location and, if you must evacuate the area, be sure to bring it with you.

Try It

For more tips about disaster preparedness and/or assistance in developing a comprehensive Business Continuity, Emergency Preparedness and Disaster Recovery Plan, visit floridasbdc.org.

« PREVIOUS 1 2 3

Tags: Florida Small Business, Business Basics

Florida health care providers adjust to largest U.S. drug shortage list in recorded history

Florida teacher pay drops to 50th in country

Now might be the time to move to Florida as inventory levels surge and sellers slash prices

Florida leads the pack with sports tourism economic impact

Try It ^{- Free Downloads}

Do I Have What It Takes? Entrepreneurial Assessment Industry Assessment Market Analysis: Customers Market Analysis: Competitors Compare Your Business to Others in Florida Securing a Loan Checklist Financial Analysis: Start-Up Expenses Financial Analysis: Ongoing Expenses

Florida Business News

Florida braces for hurricane season with $850 million ‘catastrophe bond’ issuance
Forecasts of a ”potentially explosive” hurricane season and high operating costs continue to dog Florida’s home insurers. But there are positive signs for the state’s market, which is quietly growing after a period of contraction.
Business Beat - Week of May 3rd
Get top news-to-know with Florida Trend's headline-focused video news brief, hosted by digital content specialist Aimée Alexander.
‘Kind of a crisis’: Florida STD rates surpass pre-pandemic levels
The pandemic did what public health officials have struggled to do for the past 15 years — put a dent in the number of reported cases of bacterial sexually transmitted diseases in Florida.
Could a special session bring lawmakers back to Florida Capitol for abortion, immigration?
Lawmakers are talking about holding a special legislative session this month – possibly to enact another strict immigration law and add ballot proposals to November that might complicate the abortion access measure.
Florida credit unions now can take part in $34 billion-plus state deposit program
Florida joined half the states in the U.S. with a new law that allows credit unions to become qualified public depositories, meaning that they could receive municipal funds for deposit.