Take Time to Prepare During National Small Business Week
Posted at 11:30 a.m.
National Small Business Week (April 30-May 6) is underway. The U.S. Small Business Administration uses this week to highlight the impact of outstanding entrepreneurs, small business owners and others from across the nation.
This week is also an opportunity for small businesses to prepare for emergencies. Businesses that take steps now to be prepared help ensure business continuity, employee preparedness and help enhance relationships throughout their community before disasters strike.
More than half of Americans either own or work for a small business and they create about two out of every three new jobs in the United States each year. Small businesses also play a critical role in a community’s recovery following a disaster.
It is important to prepare your organization now for a variety of emergencies like fires, flood, cyber threats, and other disasters.
Start by developing an all hazards preparedness plan that identifies all potential hazards, addresses vulnerabilities, and identifies time sensitive or critical processes and the financial and operational impacts that can result from disruption of those business processes.
Employers and business owners should consider business interruption insurance that can help cover the loss of income after a disaster, which is different than property insurance that only covers physical damage to a facility or location.
Ready Business can assist businesses in developing a preparedness program by providing tools to create a plan that addresses the impact of many hazards. For more information, visit www.ready.gov/business.
You can also use
the business preparedness planner from ReadyNOVA.org.