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.