Capital Management Solution: Planning Ahead For Disasters

By Sandra Lee


Be it a natural disaster or something else, when it comes to recovering from a business disaster, the results can be quite damaging. However, there are quite a few things, as capital management solution, you can do to get your organization back up on its feet and running successfully again.

In today s world, you cannot afford to not be tech savvy. Everything is changing in such a way that you need to be able to function without the need for physical space. With that said, if you are an old cultured company, you need to consider remote working so that if there is a natural disaster, you can always complete everything from your home. Start introducing this to your staff to get them to adapt to the idea so no one is left stranded and work does not go on hold.

Always keep a list of everything that is important in a safe place. For instance, you may have a client who has their savings kept in two or three places and the biggest safe may be in your physical office. You would need to make sure that in cases of emergency you have the means to quickly transport everything you need to in a timely manner to a safe place, without any damage.

If you want to make sure that you are able to leave the office with everything that is important and be a hundred percent sure that you won t regret anything after you left, it is best to put together a team of people to be leaders in making sure your list is carried out. You also need certain people to make sure your staff are safe and led out the doors.

In a case where everything is put on hold or let s assume all your equipment has broken down due to a lightning storm, you need to be able to let your clients and family know. You should already have a response ready to be sent in a bulk mail to everyone that s important. Always keep it close by so that you can access it from your phone also. Send it to everyone to let them know what has happened and that you are all safe.

If you do decide to make the move and work from home now and then you would need to make sure that you avoid keeping physical documents. It will be much harder to meet staff and clients, so it is best to move everything to the cloud as well as shared drives so everyone has visibility of the work that is being done, and it is stored in one safe place.

It is important to have a team that is dedicated to monitoring for disasters. This could be staying alert of certain changes in the market that could directly impact you or checking for hackers or something else. But when you have the heads up you can start putting together a plan of action before it turns into a disaster.

Although you may feel this is tedious and would rather wait for disaster to strike, that could be more damaging and could cost you more in the short and long run.




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