REBUILDING YOUR SMALL BIZ AFTER A DISASTER

Many small businesses have been disabled by Superstorm Sandy, but they can take certain measures to speed recovery. Bankrate talked to a wide range of experts, both in the academic and business communities, to come up with a business disaster recovery plan.

“The first step is to assess your damage,” says Jeffrey Robinson, an assistant professor at Rutgers Business School in Newark and New Brunswick, N.J. “It sounds simple,” but in a time of great stress, it can be easy to skip vital steps.

Check for damage to your equipment or building. If you lease your space, building damage is the owner’s responsibility. “Document damages and take photos of losses,” says Gerald McSwiggan, senior manager of the Business Civic Leadership Center’s disaster assistance service. The BCLC is affiliated with the U.S. Chamber of Commerce.

Read more: http://www.foxbusiness.com/personal-finance/2012/11/16/rebuilding-your-small-biz-after-disaster/#ixzz2CgJWUhGL

Many small businesses have been disabled by Superstorm Sandy, but they can take certain measures to speed recovery. Bankrate talked to a wide range of experts, both in the academic and business communities, to come up with a business disaster recovery plan.

“The first step is to assess your damage,” says Jeffrey Robinson, an assistant professor at Rutgers Business School in Newark and New Brunswick, N.J. “It sounds simple,” but in a time of great stress, it can be easy to skip vital steps.

Check for damage to your equipment or building. If you lease your space, building damage is the owner’s responsibility. “Document damages and take photos of losses,” says Gerald McSwiggan, senior manager of the Business Civic Leadership Center’s disaster assistance service. The BCLC is affiliated with the U.S. Chamber of Commerce.

Read more: http://www.foxbusiness.com/personal-finance/2012/11/16/rebuilding-your-small-biz-after-disaster/#ixzz2CgJWUhGL