Tips to help small businesses prepare for the unexpected

What would you do if your business suffered a ransomware attack tomorrow? Do you have a contingency plan in case of a tornado, hurricane, or earthquake?

The unexpected can happen anytime, and small businesses can get hit particularly hard. 60% of small businesses fail within 6 months of falling victim to a cyber-attack.

Here are some tips to help you get ready for anything:

1. Create a Contingency Plan.

2. Maintain adequate insurance coverage.

3. Diversify your revenue streams.

4. Build strong relationships with suppliers.

5. Keep cash reserves.

6. Build strong outsourcing relationships.

7. Check your financials regularly.

8. Invest in technology.

9. Train employees on cyber security awareness.

10. Stay up to date on regulatory requirements.

Improve business continuity & disaster preparedness, by giving us a call today.