Will Your Business Survive?

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Will Your Business Survive?
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• 1 in 4 businesses will experience a crisis
• 43 will never re-open
• Only 29 are still operating 2 years later

Statistics Provided by the Association of
Small Business Development Centers
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Unprepared Avondale Mills Graniteville,
SC Problem Train collision and Chlorine leak
damaged IT facility. Result Company closed in
a year affecting 4,000 employees in 4 states.

• Prepared
• Small insurance company in Atlanta
• Problem IT systems were involved in a truck
  crash.
• Result Back in business within 36 hours.

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Threats to Your Business

• Natural hurricane, earthquake, tornado, flood
• Man-made fire, theft, disgruntled employee
• Technology IT hardware/software, utilities

Recent studies show that the causes for business
disruptions include
Sources Data Pro, Gartner, IDC
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What to Consider

• Insurance
• Information Technology
• Crisis Communications Strategy
• People and Other Resources

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Insurance

• Focus on exposures that are or are not covered
• Identify specific responses
• Analyze specific preventive measures
• Reduce costs

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Information Technology

• Tape or Disk backup system
• Offsite (online/Internet) data backup
• Mirrored site / Alternate site
• Datacenter data replication and hardware /
  software duplication

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Crisis Communications Strategy
How you communicate is a reflection of your
company!

• Internal
• External

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People and Other Resources

• Help employees plan at home
• Do employees understand their role?
• Include vendors and suppliers
• Understand your customers needs
• Develop multiple recovery locations

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Business Continuity Planning Council

• Educates business owners
• Provides resources
• Conducts workshops and presentations
• Coordinates with local, state, and federal
  government emergencyrelated activities

For more information contact Jill Galmarini at
843.805.3015 or jgalmarini_at_charlestonchamber.org.
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Online Resources

• Department of Homeland Security
  www.ready.gov/business
• FEMA www.fema.gov
• U.S. Small Business Administration www.sba.gov
• Institute for Business and Home Safety
  www.ibhs.org
• Charleston County www.charlestoncounty.org
• South Carolina Emergency Management Division
  www.scemd.org

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Questions?