LLC University
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September 22, 2021
Major disasters, such as earthquakes and large-scale power outages, are rare. Smaller disasters, such as server failure, burst pipes and fires, however, happen every day.
Ready.gov - United States Government
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Find guidance and tools to help you prepare for a variety of disasters that may impact your business—from natural disasters or accidents to deliberate acts of terrorism.
Jeff Dunsavage, Senior Research Analyst | Insurance Information Institute
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Half a billion people worldwide are affected by floods annually, and about 90 percent of all U. S. natural disasters involve flooding. Floods cause billions of dollars in losses each year. While insurance plays a key role in disaster mitigation and resilience, simply paying claims for incurred losses is not enough.
Insurance Information Institute
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Most people would never consider opening a business without first purchasing property insurance to cover the cost to repair or replace a building or equipment that’s been damaged due to a covered peril. But too many business owners fail to think about how they would keep their business afloat if they were forced to temporarily close.
StartUp Washington | Washington State Department of Commerce
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When it comes to facing a crisis in your business, you need to remember that it’s a matter of when, not if. A crisis can strike any time, from the “big one” that geologists say will hit us one day in the Pacific Northwest to something as simple as a disgruntled employee who is skimming away all your profits, a dollar at a time.