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4 Avoidable business disasters

4  Avoidable business disasters
iGoStartup Team
by iGoStartup Team
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There are numerous setbacks you could face as a business owner, however if you take the correct steps, you could avoid many unfortunate situations altogether. Let’s have a look at four potential complications and how you can protect your company against them.

Power outages

How would your business cope if the lights went suddenly out? A power outage could be disastrous to your organisation, potentially resulting in the loss of data, money and your clients. So to make sure that you’re prepared for a blackout, you should have a plan in place. For example, you might want to consider investing in a backup generator to keep onsite. This piece of equipment can detect a power loss within seconds, providing your business with a supply of electricity when it needs it most. As generator providers ADE Ltd mention, these machines can be used by just about any sort of organisation, and having a standby source of power will mean your company can keep going even when disaster strikes.

Floods

We all know the weather can be unpredictable, but all it takes is a sudden downpour to bring your business to a halt. A sudden influx of water could cause a significant amount of damage to your property, disrupting the electrics and even seriously injuring your workforce. Recovering from a situation like this can be expensive and time consuming. You may want to do research into the location of your company to see whether or not you’re in a flood zone. Establishing your level of risk will enable you to decide what measures you need to put in place. For example, you may want to keep your electrical systems up high. You could also request that the local council checks your nearby sewage systems are in working order.

Fire

The consequences of a fire can be devastating, putting both your employees and premises in danger. However, there are ways you can safeguard your business. The wellbeing of your workforce is paramount, so you should provide sufficient safety training, showing staff members where fire extinguishers are located and how to use them. In an office environment, computer equipment should be kept well ventilated to prevent it from overheating. Stacked paper is a flammable hazard, so try to digitalise your documentation if possible or organise your paperwork into metal filing cabinets. It’s a good idea to install flame-retardant doors throughout the property and always make sure fire exits are clearly marked and free from obstruction.

Cyber attacks

In the modern world of work, the world wide web is a fantastic resource for helping the majority of businesses operate on a day-to-day basis. However, your computer systems could be exposed to potential cyber attacks if you’re not taking the right precautions. For example, if you don’t have any security measures in place, it could be easy for a hacker to gain unauthorised access your company’s information and steal confidential data. The effects of this could be damaging for your business and ruin your reputation. To prevent this from happening, you may want to install anti-virus software to protect your firm from fraudulent activity.

With a little effort and some common sense, avoiding these four business disasters could be easier than you think.

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