Owning a business is a major responsibility. In addition to meeting monthly goals and managing a successful team, owners must also be prepared to deal with the common risks that may befall the company. Preparing a recovery plan and understanding appropriate disaster preparation techniques can go a long way in safeguarding the business, employees, and vital proprietary information. Here’s what all professionals should know.

How to Handle Common Business Risks

1. Earthquakes

Earthquakes can range from minor to severe, but all have the potential to cause damage. Learning how to stop, drop, and roll when it starts is key, but there are also preventative steps that you can take for your safety. Prepare a kit that contains everything you and your staff may need, including flashlights, batteries, a radio, first-aid supplies, food, water, and personal hygiene products. Make sure that your documents are stored in waterproof containers to prevent damage to vital information, including insurance and financial statements.

2. Severe Storms

Is your business prepared for the potential wrath of inclement weather? Designing a storm recovery plan is your first step to helping your company survive the brunt of a weather event. If there’s a risk to your property, you may need to board the windows and secure the doors. As with any type of natural disaster, it’s also important to secure your important documentation in water-tight packaging to prevent damage. Keep a list of important phone numbers and make sure that everyone has a copy.

3. Power Outages

A power outage is more than just a minor inconvenience for a business; it can amount to significant financial losses, which is why it’s vital to establish a recovery plan so that you can take swift steps to resume normal operations. Ensure that all backup systems are in place, and make sure that all of your electronic devices are plugged into surge protectors—this can prevent permanent damages. If you have a generator, understand how to use it safely. Finally, have a data recovery plan in place to prevent losing valuable information when the power goes out.

Business owners throughout St. Charles County, MO, trust in the disaster preparation expertise provided by the team at Command Solutions. They can assist you in determining which risks you’re most likely to encounter and help you make informed choices for your specific needs, from establishing recovery plans and going over Red Cross emergency preparedness techniques to evaluating your current emergency management options. Visit them online to find out how they can help you, or call them at (314) 803-7418.