Does Your Florida Business Have a Disaster Recovery Plan?
After several years in a row with multiple hurricanes, some of which were devastating for the state of Florida, FEMA has issued guidelines for better disaster recovery planning. While Major hurricanes that push into Category 3 territory and beyond garner most of the headlines, tropical storms and smaller hurricanes can still cause flooding, roof damage, and other problems that force businesses to shutter their doors as they deal with the issues.
Organizations need to have prompt, accurate, and confident responses following a disaster. They have to consider how they will reach their employees, customers, investors, suppliers, and more to have an effective disaster recovery plan. Anyone connected to the organization needs to know what steps to take in the event of a disaster as well as during recovery. Eliminating this confusion can allow for a smoother return to business operations.
Making a Business Continuity Plan
Business disruption can become costly in short order. With lost revenue, increased expenses, and smaller profits, Florida businesses need to have a plan in place to minimize the financial effect of natural disasters. To do so, companies should adhere to the following:
- Conduct an impact analysis. Knowing which issues are time-sensitive or critical for the business to continue ahead of a disaster can allow owners to prioritize actions.
- Identify and document what resources the company will need to resume business as usual. This is the time to explore recovery strategies. Businesses should also compare where their current capabilities stand compared to what they will need in the event of a disaster.
- Develop a business continuity team. Knowing who is in charge of what elements of disaster recovery can engender smoother recovery efforts. Having a written plan allows all employees to know what to do in the event of a disaster.
- Put the plan to the test. A plan can look perfect on paper but fall apart during execution. Employers should hold training and practice runs to identify any weaknesses in the plan and address them. One of the biggest hiccups is not having manual workarounds for automated processes that may not be accessible during and immediately after a disaster.
Some disasters provide forewarning, such as hurricanes, which gives businesses some time to prepare. However, many business owners underestimate how bad a storm will be or wait too long to take action. With the end of hurricane season in sight, many businesses are starting to relax their guard. However, if your company’s disaster recovery plan is minimalist or outdated, now is the time to prepare before the next hurricane season begins. Contact the experts at MMA Florida to learn more about disaster recovery planning.