Risk Services Of Arkansas - September 2017

Disaster Preparedness Tips

for Your Business

As a business owner, it’s impossible to predict the future of your company. Even harder to predict are unforeseeable disasters, events that come out of nowhere and do irreparable damage to your business. The good news is, you don’t need to predict anything. You need to prepare. Emergency preparedness planning can make the difference between a rapid recovery of your company, and everything you’ve built going down the drain. Here are a few tips to be ready for anything: The absolute best way to prepare for a disaster is prevent it from happening . Make sure you conduct regular audits and check to ensure your fire and safety systems are fully operational. Consider the risks or impacts a disaster could have on your business, and do everything you can to make sure they never become an issue. You also need to make an evacuation plan . Ensure the plan contains designated primary and secondary evacuation routes for your employees and that these routes are well-lit, clearly marked, and easily accessible. Have a specific meeting place outside the building where everyone will gather in the event of an emergency. Take those individuals that will need extra assistance in the plan, as well. Have some free time now that the kids are back at school? Take a few seconds to check out these fun school facts. • Speaking of back to school, how’s your wallet? After all, back-to-school shopping accounts for $27 billion in sales, the second biggest shopping season every year. • Is your kid a little antsy about returning to class? Maybe they have didaskaleinophobia, the fear of going to school. Internationally, 2.7 percent of school-aged children have it! • In the Color Census of 2000, blue was (maybe unsurprisingly) voted the favorite crayon color. Three tied for last in the poll: tan, tumbleweed, and spring green. • On that first day of school, approximately 79 million students are lugging backpacks to class, and over 92 percent of these kids haul over 10–22 percent of their total body weight. • The average No. 2 pencil can write about 45,000 words before getting worn down to a stump—or, if you’re ambitious, a 35-mile-long line! This Month’s Fun Facts DID YOU KNOW?

An up-to-date list of emergency contact numbers can go a long way when crisis hits. A list of fire, hospital, ambulance, police, and disaster relief agencies is crucial, but you should also include information for your customers, suppliers, and distributors. But, when worst comes to worst, it’s insurance that will be there to help you out. Review your policy with your agent, making sure that you fully understand your deductibles, limits, and the type of coverage you receive. Especially consider purchasing business interruption insurance, which will greatly minimize the financial burden in the event of a disaster.

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