What's your plan?
Fires, water damage and weather-related natural disasters happen unexpectedly. Insurance statistics state that on average, commercial businesses will experience a loss once every seven years.
When disaster strikes, what’s your plan?
(Hint: If your emergency plan is still in a binder, it’s time to update it.)
Did you know?
- 25% of businesses never re-open after a loss.
- 80% of companies who don’t recover within a month of a loss are likely to go out of business.
- 75% of businesses without emergency plans fail within 3 years.