Business Management The Insulator • June 2026 26 26 DISASTER RECOVERY PLANS The Right Preparation Can Protect Assets and Profits F ires in California. Tornadoes in Kansas. Hurricanes in Florida. Floods in North Carolina. Natural disasters can strike anywhere, causing lost lives, destroyed homes, and damaged communities. Businesses are not spared. Those left behind can find themselves repairing collapsed structures, replacing destroyed inventory and reworking disrupted supply lines. Little wonder one out of four businesses does not open again after a disaster, according to the Small Business Administration (SBA). “Damage from disasters can be especially great for smaller operations with insufficient financial cushions,” said Erica Bornemann, Vice President of Planning and Risk Reduction at AC Disaster Consulting. “In the worst-case, a disaster can put a company out of business.” Plan ahead Given the stakes involved, adequate preparation is critical. “Every business needs to develop a comprehensive all-hazard emergency response plan,” said Bryan Davis, a consultant with Texas A&M University extension service. “The plan should cover Dedicated to keeping its members at the forefront in their industry Businesses face existential threats from disasters such as fires, hurricanes, tornadoes and floods. Prudent advance planning will help preserve assets, retain customers, and ensure the preservation of systems required to continue operations. Recovery routines must be supported by sufficient insurance to cover specific regional risks. Phillp Perry
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