When you own a small business, you need to be ready for any eventuality. This includes planning for a disaster. By making a disaster readiness plan, you’ll have a better idea of what to do in the event of a disaster and how to recover. Your plan should start with protecting your Denver, CO business with commercial insurance. Here are a few more tips from Strategic Insurance Services, LLC on how you can prepare your business for a disaster.
Create an emergency plan for handling disasters and make sure all your employees know what to do when disasters strike. Your business should have evacuation routes for employees and customers in case they need to leave quickly. Hold drills from time to time to practice evacuating safely. Assign responsibilities to your workers so they’ll know their role when disasters strike.
Discuss how you will communicate during and after a disaster. This includes communications with your employees, customers, business associates, and suppliers. It’s important to keep your workers and clients informed about the state of your business after a disaster.
Protect your essential data by creating duplicate copies and storing them off-site or in the cloud. This includes employee and customer data, financial records, inventory records, insurance records, and other important records you don’t want to get lost.
Make sure you have adequate commercial coverage to protect your business operations in the event of a disaster. This includes property coverage, general liability, business interruption, and worker’s comp. The right coverage will be instrumental in helping your business recover from disaster damage. In addition to insurance coverage, allocate funds specifically for emergencies so you’ll have immediate access to finances in a crisis.
For quality commercial coverage to protect your Denver, CO business from disasters, contact Strategic Insurance Services, LLC.