Would your company survive a devastating disaster or business interruption? This is a question that has been at the forefront of most business' concerns for a few years now, and one that needs to be continually asked in the future.The foundation for developing a continuity and disaster recovery program lies in developing a method for the protection and preservation of vital records. All businesses, especially small and midsized organizations, should facilitate a proactive, rather than a reactive, approach to disaster preparation - especially with regard to vital records. This article focuses on developing a vital records protection strategy in the greater context of continuity and disaster recovery.
The Small Business Administration offers Business Physical Disaster Loans to businesses to repair or replace disaster damages to property owned by the small business, including real estate, machinery and equipment, and inventory and supplies. However, if your business is unable to produce the vital records that document the lost property because the records were destroyed in the disaster, any government assistance or insurance that the business may be eligible for can be seriously delayed or even denied.
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