A major hurricane—winds at least 111 mph—hasn’t hit the United States since 2005, and I’m not forgetting about “Hurricane Sandy” and the devastation it caused. Technically, Sandy wasn’t a hurricane. However, we should take Sandy as a stark warning that stands in the midst of some pretty mellow years in terms of hurricane damage. While […]
June marks the beginning of hurricane season. Our minds are filled with memories of the devastation we’ve witnessed from hurricanes during seven years. As a result of Hurricane Katrina alone, 20,000 businesses were destroyed resulting in 125,000 lost jobs.
Of course, there are all types of natural disasters that affect small businesses — tornadoes, floods, fires, and blizzards. Yet 2/3s of small business owners say they have no disaster plan in place. Dealing with a disaster is difficult under any circumstances, but your chances of surviving and recovering are much greater with a little advance planning.