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Determine How Prepared Your Business Is for an Emergency | SERVPRO® of Van Nuys South

3/19/2020 (Permalink)

office furniture and supplies submerged under water in an office room Taking measures to reduce the time that your business is closed is crucial for any company. Let SERVPRO of Van Nuys South be your partner in the resto

Planning ahead is a skill that is essential for business owners, but it should not simply be reserved for operational considerations.

Making sure that your business is prepared for a disaster is one of the best ways to ensure you can recover from one—many businesses find themselves devastated due to damages and unable to reopen their doors. With disaster preparation, however, you can help lessen the risk of this happening to you.

There are many things to consider when it comes to being prepared, so to avoid it being an overwhelming task, we have separated our top tips into three main categories. Staying organized is the key to understanding where you are adequately prepared and where you should strengthen your efforts so you can protect your investment.

Your Commercial Insurance Coverage

Commercial insurance policies are a must for business owners, but they are still often inadequate for the damages a disaster can cause. Many commercial policies are still not large enough to cover the damage, on top of excluding common culprits, such as any damage caused by flooding, and the most difficult aspects for businesses such as a loss in revenue. Determining exactly what is covered in your policy and purchasing extra insurance where needed is a smart first step to preparedness.

Your Emergency Plan and Supply Kit

When an emergency or disaster is imminent, there are often only moments to react and get to safety—which is why an evacuation plan is essential. You should practice executing your plan with staff so everyone knows exactly what to do in the event of an emergency. Additionally, pack an emergency supply kit to keep in the office in case you must await help for whatever reason.

Your Plan for Restoration and Recovery

Keeping your doors closed while you recover from the disaster can be devastating, as it creates an interruption in cash flow that many businesses simply cannot afford. By planning ahead and choosing your commercial restoration company in advance, however, you can start the restoration process right away and cut down on the time the process takes. Additionally, look into the disaster assistance offered by the Small Business Administration to help you obtain liquid capital during revenue interruptions.

If your business has been impacted by a disaster, you can contact us 247 for guidance on how to begin the commercial restoration process.

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