Hurricane season can significantly threaten small and medium-sized enterprises (SMEs). These natural phenomena can wreak havoc on infrastructure, disrupt operations, and risk employee safety. However, with good preparation, business owners can minimize negative impacts and ensure business continuity during and after a hurricane. From assessing risks to establishing a response and communication plan, each point on this checklist will help you be more than ready to face hurricanes’ challenges.
Is your SME ready to face a hurricane?
How to be prepared and keep the business running:
- Establish an emergency response team.
- Perform a risk assessment.
- Develop a business continuity plan.
- Secure physical infrastructure.
- Protect data and technology.
- Establish a communication system.
- Train staff.
- Establish evacuation protocols.
- Review and update insurance.
- Monitor and follow hurricane alerts.
Preparation and anticipation are critical to mitigating risks and protecting your business during a hurricane. At Oriental, we are more than ready to help you. If you need to make improvements to your business or adapt it to your specific needs for this hurricane season, go to orientalbank.com or call us at 787.777.2021 for more information about our commercial lines of credit[1].
Download the complete checklist to prepare your business effectively for this hurricane season:
