SBA'a Linda McMahon Hurricane Preparedness Tips for your Business

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Monday, 18 June 2018 15:27

SBA'a Linda McMahon Hurricane Preparedness Tips for your Business

By Linda McMahon, SBA Administer

For this blog about Hurricane Season preparedness, we thought it would make sense to get some business continuity tips from a real expert—a business owner who survived multiple disasters - Janice Jucker of Three Brothers Bakery.

Here are some useful business continuity tips from Janice Jucker:

1. Review your hazard and flood coverage NOW. If you don’t have flood coverage, which is NOT covered by hazard insurance, contact the National Flood Insurance Program to purchase flood insurance. There is a 30-day waiting period after you make the first premium payment, so just hope you don’t get hit by a flood storm before the policy is effective.

2. Make sure you have access to your insurance policy information, especially policy numbers. Keep handy phone numbers for your insurance agent and the claims department.

3. Find a good restoration company—the team who’ll help you clean up the mess so you can focus on the task of reopening your business—and save their number in your cell phone.

4. Maintain an updated list of all your employees’ contact numbers and email addresses. You’ll want to make sure your team is safe and kept in the loop about the recovery progress.

5. Obtain a line of credit or have enough cash to run your business for at least three months.

6. Move your important business records, personal memorabilia and anything that’s irreplaceable to an offsite location. Save as much as you possibly can to the cloud.

Excerpt from SBA.gov

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