Anticipating risk is just as important as forecasting profits
With climate, technology and hazards within and outside premises, business owners need to have a risk management plan in place. Nearly 86% of of small and medium businesses fail within three years of a major emergency if no preparedness plan is in place1. With the right insurance coverage, some preventative measures and a plan for when they are impacted, businesses can help to ensure they are back up and running in no time.
Here are some tips to help businesses get started.