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 Today's advice comes from our interview with Lauren Reid, CEO of the damage restoration and biohazard cleanup company PuroClean: “The biggest mistake businesses make when it comes to developing an emergency plan is not having one. Like anybody else they always assume that it won’t happen to [them]. So they underestimate the importance of it, and sometimes it gets cut when times get tough, or they don’t keep it updated.” Reid has seen many businesses succumb to natural disasters and other emergencies due to unpreparedness. While the disaster is not always avoidable, the damages can be prevented. The bottom line, he says, is that every business should have a plan of emergency. The first thing Reid recommends to protect your company is to make sure your information is secure. Have backup storage for important and private data. If your business relies on suppliers, make sure they know how to protect themselves so your business isn’t affected by anything that might happen to them. “Once you get past the invincibility thought process, a lot of people don’t know that there are a lot of things you can do, that there’s technology out there, and things you can do to better enable yourself to take care of your supply needs. The people that really stay on top of this and have thought this through have also made sure others who impact the delivery of their product have plans in place too so you’re not stuck if something happens.” Want your business advice featured in Instant MBA? Submit your tips to tipoftheday@businessinsider.com. Be sure to include your name, your job title, and a photo of yourself in your email. Please follow Careers on Twitter and Facebook. | | | | | | | |
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