Get the Right Business Disaster Assistance
According to the Federal Emergency Management Agency (FEMA), over 40% of businesses never reopen their doors after a disaster. A 2015 survey of 500 small business owners conducted by Nationwide showed that only 18% of companies with fewer than 50 employees had a disaster recovery plan.
When faced when a disaster, only smart planning can help you keep your business running. With the right steps, you can prevent and prepare for a disaster.
Getting Business Disaster Assistance
Here are several sources you can use to help your business recover from a disaster faster and easier:
To preserve your equipment and business records, the IRS recommends:
Take advantage of paperless recordkeeping for financial and tax records
Document valuables and business equipment
Check on fiduciary bond...