10 Tips to Prepare for and Navigate Natural and Technological Disasters

Written by Excite Credt Union | Feb 6, 2025 8:49:26 PM

Hurricanes, fires, ransomware, data breaches—small businesses are vulnerable to any number of natural and technological disasters. However, you can ensure that your business is prepared and proactive no matter what happens! Check out these 10 tips:

  1. Create a disaster response and recovery plan: Include emergency contacts, roles, responsibilities, and procedures for different types of disasters.
  2. Develop a communication strategy: Set up emergency communication channels—email lists, social media, messaging apps—to keep employees, customers, and stakeholders informed.
  3. Backup critical data regularly: Keep your backups of files, documents, and customer information offsite or in the cloud—preferably both.
  4. Identify critical operations and resources: Make sure you can keep essential functions running while temporarily suspending less critical activities during a disaster.
  5. Train employees and conduct drills: Guarantee that everyone knows what to do during various types of emergencies.
  6. Implement strong cybersecurity practices: Use encryption, multi-factor authentication, and firewalls—and train employees regarding risks.
  7. Maintain insurance coverage: Review and update your policies to make sure they cover potential risks, such as business interruption insurance, cybersecurity insurance, and property insurance.
  8. Establish remote work capabilities: Set up the necessary tools, such as cloud-based software and VPNs, to allow employees to work from home if needed.
  9. Establish relationships with local authorities: Connect with government agencies, emergency responders, and industry associations for resources and support before and during disasters.
  10. Stay updated: Monitor weather reports, technology news, and industry-specific risk, so you can adapt your plans as necessary.

Although small businesses can’t control when disasters will occur, they can greatly minimize the impact of both natural and technological crises by staying prepared and being proactive.