Two of the focuses of my blog are Financial Literacy and Money, and Business and Entrepreneurship. A key aspect of running any business is putting preventative measures in place to protect against unforeseen disasters and issues. The following contributed post is thus entitled; Unexpected Disasters: Preventative Measures For Your Business.
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Picture by Tim Gouw
Business owners tend to spend a lot of time creating an enterprise, however only a small portion of this planning to protect the business they have built. The examples to follow feature likely disasters that could occur when you least expect it, accompanied with solutions on how to avert these eventualities.
Power Cut
The lights cut out, pitch black fills the office, the familiar whirring noise from your PC’s slows down to a halt, complete silence ensues, you’re experiencing a power cut. What do you do now? The right answer is to prevent this situation from happening in the first place. Power cuts are destructive to a business’s livelihood. Hours of no power for your PC’s, lighting and equipment could prevent several of your employees securing sales deal, contacting new customers, submitting new stock orders, etc. Without power, your business is disconnected from a world that thrives on remaining connected by technology. Attempting to rectify this scenario without a plan in place is highly stressful for you and damaging for your company.
Prevent your business practices coming to a halt when the likely event of a power cut takes over. Instead, think about purchasing a backup power outlet to provide your company with a few hours of electric to keep your business running smoothly. In addition to this, hire a technology company who are experts in situations such as these, giving you an additional safety net when the lights go out.
Cyber Crime
Cybercriminals may wreck the progress and reputation of your business, steal your customer’s bank details and personal data, take private company information or just choose to cause havoc on your system. Protecting confidential information with a password is no longer a sufficient defense mechanism for shielding your business’s intel online. You owe it to yourself and your customers to avoid a cyber attack at all costs and maintain the relationships and integrity amongst customers you’ve worked so hard to gain. Although some business owners feel the event of an attack is unlikely because they’ve only just set up their business online recently, statistically, 30,000 websites are hacked every day. Some of which by using sophisticated software to assess the webs most vulnerable sites. This is one of the reasons why you need to seek adequate protection to suit an ever-changing cybersphere. A company such as Red Key Solutions can help to identify and defend your company from a cyber attack.
Natural Disaster
In consideration of yourself and your employees first and foremost, this affects more than your business livelihood, it affects lives. The safety and security of your employees is your duty as an owner and manager to ensure health and safety regulations are met.
Never assume your plan for a natural disaster is adequate. Consistently invest in improving your program by practicing your safety regime for different emergencies and strive to educate employees of any new policies or procedures to follow in the name of safety.
After the safety of your employees, your business is at stake. For instance, if a fire were to occur, how would your recover burnt documents? If there was a flood, how would you plan to fix a waterlogged server? If you’re unsure of the answers to these questions, there may be gaps in your disaster recovery plan. Consider options for backup servers located away from the building, storing information in cyberspace to protect your data. You could also apply for business insurance which includes safeguarding your business in the event of a natural disaster.
Extensive preparation for a likely catastrophe is just as necessary as the time and effort you invest in your business’s growth. Failing to prepare for the unexpected events could leave you without a company altogether, which is why it’s detrimental to implement a strategy to save your business from future harm.