Comments on: One mistake that can kill your business

By: Why You Need To Be Prepared For Business Disaster

Why You Need To Be Prepared For Business Disaster — Sun, 06 Apr 2014 13:40:24 +0000

[…] Disasters happen, whether they be internal, or, even more importantly, external disasters. To be specific, you never know when the sewer will back up, or your town will be hit by a natural disaster. These are the kinds of things that businesses tend to forget about, and will kill 43% of those hit according to Becky McCray’s article. […]

By: Fred

Fred — Fri, 03 Jun 2011 23:18:35 +0000

On a related note, don’t forget about insurance. A good CGL policy goes a long way.

By: Becky McCray

Becky McCray — Fri, 03 Jun 2011 15:12:09 +0000

Jason, I agree. Computer disasters can be just as destructive as physical disasters, and deserve similar preparation.

By: Jason

Jason — Fri, 03 Jun 2011 02:01:04 +0000

Contingency plans are very important for small businesses, though as evidenced by the fact you provided, these plans are vital for the wellbeing and success of all businesses, regardless the sizes. It’s better to protect your businesses and be planned for any natural disaster before the threat of one. In addition, due to the rising intelligence and efficiency of online hackers, it is also important to protect your business online from fraud and malware. Online fraud and security breaches can also bring a business down and therefore small businesses need to take steps to protect themselves otherwise they could be impacted.

By: Becky McCray

Becky McCray — Thu, 02 Jun 2011 17:27:26 +0000

Thanks for the added resources and questions, Maesz and Arieh.

By: Arieh M. Flemenbaum

Arieh M. Flemenbaum — Thu, 02 Jun 2011 16:57:07 +0000

Very sound advice. With disaster recovery planning, the old adage, “If you fail to plan, plan to fail” rings true! I hope many business owners click the link you provided and use the great resources offered by Office Depot. Also, business owners should have a business succession plan – i.e., what would happen if the owner or a key employee left or died?

By: maesz

maesz — Thu, 02 Jun 2011 14:42:54 +0000

Don't forget your important tax documents in the case of an emergency--especially any employee information that you may have on file. The IRS will give you hints. IRS