September is National Preparedness Month. It is crucial that businesses, in addition to government officials and the public, take steps now to prepare for future emergencies or natural disasters. The Commerce Department is encouraging business owners to be good corporate citizens by establishing a plan to help lessen the economic impact of disasters within their communities. Here are three things business owners can do today to prepare for future emergencies and disasters:
- Have a business continuity plan. This plan can help protect businesses, employees, and infrastructure, and increase chances of recovery after a disaster.
- Know your risks. Gather information about local hazards by contacting your local emergency management office, American Red Cross chapter and NOAA's National Weather Service forecast office.
- Become a StormReady community. Being StormReady means your business has multiple ways to receive forecasts and warnings from the National Weather Service, monitors local weather conditions, communicates effectively with employees, promotes public readiness through community seminars, and has a formal hazardous weather plan.
According to a report from the National Oceanic and Atmospheric Administration’s National Climatic Data Center, Americans coped with 11 weather and climate disaster events in 2012, including seven severe weather and tornado events, two tropical cyclone events, a year-long drought and wildfires. The impacts of this weather have a significant effect on the U.S. economy. In addition to killing over 300 people, the events in 2012 caused more than $110 billion in damages, having particularly devastating economic effects on the impacted areas. That makes last year’s disaster costs second only to 2005, which incurred $160 billion in damages.
These effects can be felt by businesses that don't reopen after a storm, which also negatively impacts communities and the local economy. The American Red Cross reports that as many as 40 percent of businesses fail following a disaster. But businesses that are weather-ready don't have to be part of this statistic.
The time is now. Businesses can’t afford to be unprepared, particularly with the peak of hurricane season now in full swing. Implementing the suggested recommendations can help businesses and communities survive natural disasters and sustain their local economies.
For more information on how businesses can prepare for an emergency, visit www.ready.gov/business.