Being prepared for disruptions is nothing new in business as is also true in your personal life.
You’re not in control of everything.
- Gas and electric service may suddenly stop
- Weather-related problems cause havoc
- Clients in specific industries may cease operating
- A levee break may flood your space
There is a lot that can occur, and a scenario that’s even worse is one that leaves you unprepared.
Safety products were on top of my buying list when I moved my family into our first apartment. That equipment included:
- Fire extinguishers
- Carbon monoxide detectors
- Escape ladder
Thankfully, and after all the times I’ve replaced the extinguishers and detectors, I’ve never once had to use any of it. However, my family and I feel secure having these items in our home and office.
Get it together
What does your business disaster plan include? Does it:
- Secure computerized data outside of the office?
- List all inventory along with its value?
- Insure all of your business possessions?
That’s just the beginning.
I have two people on my team who make sure all of my business documents are stored properly. At first, the assessment began with me taking time to list all valuables because I was the only person on my team. Now I recognize who is best to help me handle these matters so it’s done correctly in case a disaster occurs.
A valuable lesson
My husband once had a multitude of tools in his car’s trunk, and unfortunately he had the trunk opened so that passersby saw the stash. You can guess what happened.
One morning my husband left our apartment for work but came rushing back announcing that his car was stolen. The car was found stripped of every tool.
We had apartment insurance but could not claim the tools because my husband had no inventory of the valuables. That, unfortunately, is life in general.
You don’t regularly keep every receipt for everything you purchase for personal use. However, business use is quite different because it’s mandatory to have receipts for yearly tax reconciliations.
Your last warning
If you haven’t created a disaster plan, I urge you to take time to do so. My gift basket clients and I go review their recovery plan every six months, and I just coached a designer during a coaching call. I can help you put your plan together with forms and guidance.
Forming a plan is as critical as you want it to be. You can complete this before year’s end, or you can keep procrastinating and when disaster strikes wish you had taken care of it. The choice is yours.