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.