The J. Morey Company’s Business Owner Guide to Preparing for El Niño

A series of strong El Niño storms is predicted to arrive in the next month, which can expose your business to new risks such as flood damage from the excess rain.

Business owners need to prepare for certain challenges that these El Niño rains could bring. It is important to make sure that facilities and product inventory are secure so that you can rebuild and reopen, as well as ensure that employees know how to respond to a flood emergency. Plan ahead and protect your business with these helpful tips.

Ways to prepare your business for heavy rain:

  1. Ensure that important business files and business contact information are saved in a secure place.
    These important files should be backed up on a server away from your building or on an online cloud storage site so they aren’t lost if electronics and paper files are destroyed by water.
  2. Review equipment lease and rental agreements.
    Find out if you are financially responsible in case any of these are damaged in a flood.
  3. Consider investing in flood insurance.
    Most commercial insurance policies do not cover flood damage from heavy rains so review your insurance policy to see if this coverage is provided. Flood insurance policies take 30 days to take effect, so be sure to take that into consideration when making your decision and plan ahead. It could save you a lot of money if mother nature gets out of hand.
  4. Keep detailed records of all items in the building, including serial numbers, costs, and dates of purchase.
    Store this information with your other important business files on a remote server or cloud storage site. These documents can aid in any claims that you may need to process.
  5. Create a disaster procedure and emergency communications plan.
    Be sure to share this with your employees so they know how to react if a flood occurs.

Here are some links you may also find helpful:

Missed our tips on how homeowners can prepare for the El Niño?
Click here for more: 9 Ways to Prepare Your Home for El Niño Season

Sources: NFIP/FEMA