Most small business owners in Florida and Georgia know that June 1 to November 30 is not simply the summer and fall seasons; it is also hurricane season. Now, following Hurricane Isaias, many forecasters are predicting that the worst of the 2020 hurricane season is likely still to come. It is not if another hurricane will hit but rather when. Fortunately, there are ways to safeguard your business before the when comes to fruition.
For business owners wondering where and how to begin this process, the Small Business Association (SBA) has countless resources to help businesses smartly plan and prepare for all types of natural disasters, including hurricanes. Through proper preparation tactics, businesses can help avoid becoming part of the estimated 25 percent of businesses that do not reopen following a major disaster, as reported by the Institute for Business and Home Safety.
According to the SBA, business owners can protect their small businesses by first identifying the risks relevant to the business’s locations and then by keeping an up-to-date plan of action. To preserve equipment and business records, the SBA recommends following this guide from the IRS. The SBA also has specific checklists and safety tips for hurricanes and other specific types of potential disasters.
Another way to ensure your small business is prepared for the next hurricane is by contacting Busch Mills. As a full-service business law firm, our team of experienced attorneys can help you understand the legal steps you can take to protect your business from any natural disaster that may occur.