Where does the natural disaster preparedness of small businesses stack up? How ready are they and what do they need to do to ensure they don't loose everything in the next Hurricane Sandy?
These days, the world is being hit with more and more natural disasters every year: from tsunamis to earthquakes. With such volatile weather conditions becoming the norm, it's important small businesses take a few moments to ensure their natural disaster preparedness is optimal.
Unfortunately, according to this infographic 74% of businesses do not have a recovery plan. Seventy one percent don't have a back up generator either, which means that if the lights go out, they stay out. Having a generator would be a good step for most businesses to ensure they can remain open during bad times.
What's Driving This Trend
- Natural Disaster Preparedness
- Disruptive innovation opportunity: Develop advanced technologies or services that help small businesses improve their natural disaster preparedness.
- Recovery Planning
- Disruptive innovation opportunity: Create software or tools that assist businesses in creating and implementing effective recovery plans in the event of a natural disaster.
- Backup Power Solutions
- Disruptive innovation opportunity: Design alternative and sustainable sources of backup power generation specifically tailored for small businesses during natural disasters.
Who This Affects Most
- Technology Solutions
- Disruptive innovation opportunity: Develop and offer technological solutions that aid businesses in enhancing their natural disaster preparedness, such as IoT-connected devices or cloud-based software.
- Energy Solutions
- Disruptive innovation opportunity: Create renewable energy solutions or backup power systems that provide reliable and clean energy to businesses during natural disasters.
- Consulting Services
- Disruptive innovation opportunity: Establish consultancy firms specializing in natural disaster preparedness, offering guidance and customized recovery plans for small businesses.
