Oxburgh Row Financial Blog

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You may have heard the sobering statistic: About half of small businesses never reopen their doors following a disaster. That’s why we wanted to share with you three great ways you and your company can beat the odds in the event that the unexpected happens:

Get informed. The U.S. Small Business Administration has teamed with disaster prevention and recovery firm Agility Recovery to host a series of preparedness webinars throughout the year. These live and interactive courses are designed to help businesses be more prepared for a potential disaster. They are the first step in identifying the types of adverse events, such as a flood, hacker attack or power outage, that could seriously harm your business.

Start planning. When disaster strikes, having a plan that can be put into action immediately can mean the difference between staying in business and business failure. These online tools can help you be prepared for natural disasters, severe weather, business disruptions and more.

Test your plans. Have a plan in place to help get everyone out of your building quickly in the event of an emergency? Now is the time to see if it works. Here are some great resources to help you test just how prepared your business really is!