The Stress Free Bookkeeper Blog
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As business owners, we want to remain optimistic about our business’s future. But life can happen, and we need to be prepared. A good business owner thinks about all the risks to their business and has a plan in place to reduce or eliminate them. In 2017, we’ve already had floods in the Midwest, California, Texas, a healthy dose of tornadoes, an ice storm earlier in the year and now Hurricane Irma. And those are just the weather disasters. Are you ready?
In 2015, Nationwide ran a survey that revealed that three out of four small business do not have a disaster plan. The same survey noted that 52 percent of small business owners thought it would take three months to recover from a disaster.
The most common solution is to create two plans:
There’s a lot of help online to help you create your plan. A few of the major items that should be covered include:
Creating a disaster recovery plan can be the lowest priority item on your to-do list as a business owner – until it isn’t. If you have a lot to lose, then consider spending some time on a plan to give you peace of mind.
Hope this helps,
The Stress Free Bookkeeper™
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Dawn Klevesahl is a Certified Professional Bookkeeper, QuickBooks ProAdvisor and a natural problem solver. She uses this talent to help small business owners implement accounting systems that increase their businesses sustainability while crossing bookkeeping off of their to-do lists.