4 Ways to Establish an Emergency Preparedness Plan for Your Business

It is always ideal to ensure that your business is protected from all sorts of threats. This will ensure the continuity and survival of your business regardless of the type of disaster. Hence you need to create an emergency preparedness plan that mitigates threats when your business experiences them. Here are four ways to establish an emergency preparedness plan for your business.

Perform a Risk Assessment

When creating an emergency preparedness plan for your organization, you first need to identify the assets that require protecting before determining the hazards and threats that could affect those assets. Assets can be servers, filing cabinets, books, photos, computer hard drives, mobile devices, and data. Different regions and industries have a wide variety of requirements for data backups, including time length and archiving scope. Keep in mind the standards and how they apply to your plan and business. Also consider the type of disasters such as data breach, earthquake, car accidents, fire, and more.

Data Backup

Data backup is a significant part of your emergency preparedness plan for your company. Safeguard data like customer history, vendor payment information, financial statements, employee data, tax returns, and accounting records, among others. You should back up your data on the cloud and use the same security level for both original and backup files. Ensure that password protection, encryption, and other security measures have been mirrored. It is best to partner with vendors who can detect outages at the primary site. Moreover, add an extra layer of cybersecurity through choosing a partner who can identify and prevent malware threats.

Get Insurance

An ideal way of preparing for emergencies is obtaining insurance. Insurance compensates for the revenue that is lost in case the business is closed temporarily. It can also cover the repair expenses if a disaster damages the company. Numerous insurance firms provide property and liability plans, particularly for business owners. Plans can even cover your business for removal of debris, cleanup, and loss of income.

Inform Employees

Offer your staff access to the emergency preparedness plan early so that they familiarize with their roles. Every staff member needs to know what to do in case there is a disaster. Consider testing the plan by doing regular drills and hosting meetings with the staff. Drills can assist in pinpointing drawbacks of the plan.

Protecting your business requires more than resilience. You need to perform risk assessment, take insurance, back up your data, and inform your staff of the plan. During disasters like fires and earthquakes, gadgets like command post radios for sale can be ideal.

Emma is a business strategist-turned blogger. She lives in Auckland, New Zealand. Emma is a  passionate traveler and yoga aficionado. She is in love with coffee, interior design, books, and good vibes. 🙂 

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