Posts Tagged ‘Disasters’
Essential Tips for Small Business Disaster Relief Planning
Disasters can strike small businesses without warning, and the impact they can have both on operations and on employee well-being can be devastating. These crises might range from natural events like floods, bushfires, or earthquakes to technological crises such as cyberattacks or prolonged power outages. Supply chain breakdowns or employee shortages caused by such events…
Read More7 Backup and Disaster Recovery Best Practices Every Business Should Be Aware of
Business organizations all over the world have seen a worrying rise in cyberattacks since 2020, with financial services provider Allianz considering them the biggest threat to businesses today. Developments in generative AI are already adding more fuel to an ongoing explosion in cybercrimes, and keeping data safe is now a top concern for businesses and public institutions…
Read MoreGuard Against These 5 Serious Threats To Your Business
Image Source: unsplash.com Maintaining a positive outlook is a vital trait for every business owner. But extreme optimism may result in unrealistic goals and careless operations. It may cause entrepreneurs to underestimate risks and stick to unviable products. Based on a survey, being too optimistic is one of the reasons why 73% of businesses fail.…
Read MoreHow Bad Weather Impacts the Operations for Small Businesses
Image As if small businesses did not have enough on their plates to make ends meet and sustain, a natural calamity like a pandemic comes and uproots whatever they worked on. It’s hard enough as it is. Something like climate or weather, which is entirely out of their control, tends to hit a bit harder.…
Read MoreKeeping the Office Safe: 5 Ways to Create a Disaster Preparedness Plan
Human resource professionals can ensure the safety of employees by making sure that everyone is aware of what to do should an emergency occur. Global warming and climate change have contributed to unfathomable natural disasters. Consequently, an emergency could strike at anytime and anywhere. Organizational leaders must develop emergency preparedness plans to prepare for when…
Read MoreDon’t Skimp on Your Business Insurance: Here’s Why
Business owners are constantly on a crusade to cut the costs associated with keeping their company afloat, and who could blame them? After all, entrepreneurs who manage to cut unnecessary expenses are usually those who survive and thrive for years while their competitors struggle to make ends meet because of their hefty debts. Some expenses…
Read MoreBusiness and Personal Records: Are You Prepared for a Disaster?
This year’s wildfires, record rains, flooding, tornadoes, hurricanes and potential for earthquakes should all act as reminders that you should be prepared for a disaster. Sure, it will take some effort on your part and you may never be affected by a disaster, but if you are, you will sure wish you had been prepared.…
Read MoreHow Cloud Communications Can Help During Disasters
From fires to floods, natural disasters can strike at any time. June 1st through November 30th is hurricane season, which brings an increased risk of potential flooding and water damage. Businesses that rely upon their technical and communications infrastructure for core business processes will be particularly vulnerable to these types of disasters. Cloud communications services can help. Natural Disasters…
Read MoreThe Essentials of an Effective Business Disaster Recovery Plan
If there’s any guarantee in life, it’s to expect the unexpected. Small businesses are the most impacted when it comes to disasters because they do not usually have a formal disaster recovery plan. As a result, 40 to 60 percent of small businesses close permanently after a disaster, according to Liberty Mutual Insurance. Do what…
Read MoreEmployers May Give Employees Tax-Free Disaster Relief
If they carefully follow the guidelines, employers may give cash payments to employees for disaster relief, tax-free. Under Sec. 139 of the Internal Revenue Code, qualified disaster relief payments to employees are tax free to the employee and deductible by the employer. This includes income as well as social security and Medicare taxes. Three rules…
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