Small Business Startup News
Small Business Owners Unprepared For Disaster
Written by Jenna Weiner
As summer storms begin to form offshore, research shows that many small business owners aren't ready for a disaster.
A recent survey says that small business owners are unprepared for a possible disaster - bad news for small business owners as hurricane season begins to gear up.
A recent survey by Travelers Insurance found that just 44 percent of small businesses have a continuity plan - laying out what they plan to do in case of a disaster.
The U.S. Small Business Administration says that for small business owners, even shutting down for a couple of days can be a serious problem. The agency advises companies in higher-risk areas to consider alternate business locations in the event of a natural disaster.
Officials also said that small business owners should make sure they have copies of critical documents and files stored off-site.
The agency adds that entrepreneurs should make sure that their insurance policies are up-to-date, and they have easy access to their insurance agents' contact information.
Forecasters are predicting that the summer of 2010 will be a more active storm season than in years past. The National Oceanic and Atmospheric Administration predicts that there could be as many as seven major hurricanes this season.
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