Tag Archive for 'Emergency Prepare'

SBA Poll: Is your business prepared?

The Question:
Could your business handle it if your community was hit with a shutdown like Boston was recently?

18% - We have cash and business interruption insurance if we need it.

35% - We have cash and credit if we need it.

47% - We would be hurting if it lasted more than a few days.

0% - We could not survive a multiple day business interruption.

My Comments:
Last week, in light of the essential lockdown of Boston due to the Marathon bombings, we asked our online audience about their emergency financial preparedness. As you can see above, over half of our respondents felt they would have the financial foundation to weather an interruption. Even the rest were only worried about a prolonged interruption of more than a few days. And I’m happy to report, no one said they could not survive a multiple day business interruption.

There are two kinds of business interruption preparedness to work on: physical and financial. I’m going to have more to say on this topic in my Feature Article next week, including preparation suggestions. Thanks for your participation.

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Be sure to check out two interviews from The Small Business Advocate® Show with Jeff Zbar about emergency preparedness within your small business. Jeff and I discuss things you and your business need to do in case of emergencies.

Is your small business prepared for a disaster? with Jeff Zbar

Small business emergency plan. with Jeff Zbar

Check out more of Jim’s great content HERE!

Take this week’s poll HERE!

Watch Jim’s videos HERE!




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