Your Businesses Disaster Recovery Plan

8/9/2022 (Permalink)

Working hard to build your business and make it successful is rewarding, but it can be extremely disheartening when a disaster comes and completely derails your operations.

There are many businesses that are never able to recover from such a large financial impact to their operations, but by planning ahead, you can lessen the chances that a disaster will permanently impact you.

It is important to have a plan in place for the moment a disaster becomes imminent that is focused on keeping you and your employees safe, but it is also wise to have a recovery plan so you can begin to rebuild as soon as the threat has passed. Getting back to business as quickly as possible can help you mitigate a loss in income and ensure you are able to fully recover quickly.

How to Get Back to Business After a Disaster

Get in touch with your insurance and restoration companies. Depending on the type of insurance you have and the type of disaster that occurred, you may be able to claim some or all of the damages with your provider. It is important to contact both them and your chosen restoration company right away to get the process of recovery started—and in many cases, your restoration company will be able to work directly with your insurance company if you are able to make a claim.

Keep your customers in the loop. It is important to inform your customers of the situation as soon as you get the details sorted out to minimize confusion and let them know when they can support you once more. Communicate closures, timelines and operating hours as it is relevant. Additionally, it may be wise to offer online gift cards or other promotions so people can chip in now when you need it the most and redeem their purchases at a later date.

See what disaster assistance programs you qualify for. The disaster assistance program from the Small Business Administration is designed to help business owners cover costs of repairs, restoration and even losses in income due to a disaster. These loans are offered with flexible repayment options, low interest rates and easy terms to make it easy for business owners to qualify and make use of this resource.

If your business has been damaged due to a disaster, we’re here to help. Contact us at any hour to report your damage or to learn more about our commercial restoration services.