Posts Tagged ‘Disasters’
Nationwide Study Reveals Troubling Small Business Statistics
Looks like a disaster waiting to happen… We all know that common expression and it perfectly reflects my thoughts when I was recently reviewing the results of Nationwide’s 2017 Business Owners Attitudes and Usage Study. Here are the key findings that I found rather scary: Only 20 percent of business owners have built a disaster…
Read MoreWhat a Natural Disaster Could Mean for Your Business
Every year hurricanes do massive damage to the United States economy and cost the world an average of $300 billion. The damage is not simply limited to the cost of repairing homes, infrastructure, and other buildings. There are also huge intangible costs suffered by individuals and companies who are unable to produce their usual revenue…
Read MoreEmergency Plans Are Critical
“The prizes go to those who meet emergencies successfully. And the way to meet emergencies is to do each daily task the best we can.” ~William Feather Emergency plans are not likely to be used. Nonetheless, having one is vital because you just do not know when or what kind of emergency will hit your…
Read MoreYou Need a Contingency Plan for Every Part of Your Business
When you’re dying of thirst it’s too late to think about digging a well. ~Japanese Proverb I was dealing with a business that relied on a single supplier for products that represented the majority of its sales. When I asked the owner what he would do if the supplier folded, he answered, “I just do…
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