Emergency Preparedness Smart Planning is the Key!

The U.S. Small Business Administration (SBA) is sharing steps with small asset businesses that will help them prepare to keep their business running in the event of an emergency or if disaster strikes.

An estimated 25 percent of businesses don’t open again after a major disaster, according to the Institute for Business and Home Safety. Protect your small business by identifying the risks relevant to your location, both natural and man-made. Then, keep your plan of action updated. Preserve your equipment and business records by referencing this IRS guide on protecting your information before an emergency strikes. The Federal Emergency Management Agency (FEMA) also offers an emergency preparedness checklist and toolkit.

The SBA’s site content includes the following guidance:

Emergency preparedness

Get financial assistance after a disaster

Disaster cleanup

More assistance

Resources:

FFIEC IT Examination Handbook InfoBase – Business Continuity Planning Process

NCUA’s Disaster Planning and Response