While no one wants to think about a disaster, it’s important to have a plan for your business in case one does occur. The Institute for Business and Home Safety estimates that 25 percent of businesses never open again after a major disaster like a flood or earthquake. Creating a disaster preparedness plan can help you identify potential threats to your business, prevent and prepare for the unexpected, acquire the level of San Diego commercial insurance you need, and get your business back up and running as soon as possible.
Begin by assessing the risks your business may face by considering both obvious and less obvious disasters, which may include fires, floods, cyber threats, and active shooters. Each type of disaster will come with a different level of risk depending on your industry and other factors. Along with identifying risks, it’s important to prioritize them based on their impact and probability.
Plan an Emergency Response
Once you understand the disasters your business is most likely to face, you can begin crafting emergency response plans. Your plan will depend on the risk and the size of your business, but it will also likely be guided by regulatory requirements dictated by California law and OSHA.
Create a Written Emergency Plan
The details of your emergency response plan should be written to ensure your staff knows what to do without direct communication from anyone else. This written plan should be well organized with clear, actionable steps to take. While the information should be as detailed as necessary, it should also be concise and easy to read so personnel can quickly access and follow the steps in any given emergency scenario.
One of the most important aspects of an emergency plan is an evacuation plan, which protects customers and employees in case of emergency. The evacuation plan should include how employees will give the evacuation warning, where employees should assemble, the name of the evacuation team leader, and who will be responsible for helping people with disabilities and searching the property.
Build and Train a Team
Properly planning for an emergency requires cooperation from many people across your company. Your team should have clearly defined responsibilities in case of an emergency and understand what they will need to do. Regular training and practice can ensure the most important tasks are ingrained if a disaster does strike.
Have a Recovery Plan
It’s easy to focus on getting through an emergency, but the survival of your business will also rely on resuming normal operations as soon as possible. A long-term continuity plan can help you reestablish the most important functions of your business after a disaster. This recovery plan should consider your lost income based on average daily sales volume and the number of days you expect to be closed, delayed income after you reopen due to disrupted supply lines, increased expenses from damage, cleanup, overtime labor, and other delays you might face.
Focusing on the people, resources, and processes that are most important for your business to function after an emergency can help you maximize your recovery efforts. You also need to make sure you have adequate commercial insurance coverage. Contact American Tri-Star today at 619-272-2100. We also provide reliable and affordable auto, RV, motorcycle, and property insurance in San Diego. Get in touch with one of our friendly agents today.