Disaster Recovery Planning for Your Business
Get back in business as fast as possible by having an emergency plan.
You’ve poured your heart and soul into your business and it’s time to watch it grow. From customers to vendors to equipment and suppliers, you’ve thought of everything.
Or have you?
What plans do you have if disaster strikes and you’re unable to carry on business as usual?
The event no one wants
Disasters come in many forms: tornadoes, floods, fires – even burst water pipes. The loss of a raw material supplier or a long-lasting power failure can be just as devastating as a storm that closes your doors.
According to the Insurance Institute for Business and Home Safety (IBHS), one in four businesses that close because of a disaster never reopen.
When disaster strikes, you lose immediate sales and your customers may go to a competitor. The longer you’re closed, the more likely it is you’ll never recover. With a disaster plan in place, you can identify risks and put steps in place to get your business back up and running as quickly as possible. The best part is, disaster planning doesn’t have to be expensive, difficult or time consuming.
Stay open for business
American Family Insurance, in partnership with IBHS, offers an easy to use disaster recovery planning program called Open for Business – EZ (OFB-EZ). This program is available from your local American Family Insurance agent or as a downloadable PDF.┬á
OFB-EZ will help you:
- Identify essential business activities.
- Identify risks your business faces.┬á
- Create an easy-to-use recovery plan tailored specifically to your business.
OFB-EZ will also help you answer key questions like:
- If your building is unusable, where will your staff work?
- How will your customers continue doing business with you?
- Will you need to repair, replace or rent key equipment?┬á
- If a supplier of raw materials is shut down, what alternative supplier will you use?
- Where will you keep backup records or product information?
To learn how you can make OFB-EZ a key component of your disaster recovery plans, contact your local American Family agent.