As the news about Hurricane Sandy’s devastation in the Northeast continues to unfold, a cautionary tale is emerging, one that should hit home with business opportunity, franchise and other small business owners in particular. The reason? Most of them could just as easily be in the same predicament.
It’s estimated that 40% to as much as 60% of small businesses will never reopen their doors following a disaster. Why? It’s simple really. They are woefully underprepared. In fact, security and auditing solutions estimates that nearly 90 percent of small and medium-sized businesses (SMB) have inadequate or outdated disaster recovery plans, and nearly 40% of them report that the extent of the plan they do have goes no further than backing up data.
While there’s no question that data security is a crucial issue for SMBs today, it’s just one of a number of very important elements that need to be anticipated and addressed as part of the overall disaster planning, preparedness and recovery process. Other questions that need to be asked and answered if SMB owners want to increase the likelihood of their survival in the wake of a disaster include:
While you may want to believe that the likelihood of a monstrous natural disaster striking your SMB is unlikely, the fact is that everyday challenges, like being hacked by a cyber-thief, are becoming more commonplace than ever. Smart home-based business opportunity and other business owners know this and are taking a lesson from Katrina, Irene and Sandy. They need to be ready, and getting ready is not hard so much as it takes effort.
A good place to start…
Hosted in concert with business recovery consulting company Agility Recovery, the U.S. Small Business Administration is sponsoring a free webinar next week on November 13 from 2 p.m. to 3 p.m. EST on how to prepare your business for winter disaster survival in particular. It is just one in an ongoing series of activities designed to ensure SMB owners have the proper education, planning, testing and disaster assistance they need in order to face the challenges of an ever-changing world.
To learn more about the many other FREE disaster planning and survival tools and resources available to you as a SMB owner, go to SBA Disaster Preparation for Small Business Owners now!