Business owners understand the importance of having a backup plan in case a customer order goes awry, a commercial vehicle breaks down, or key employees fall ill during the busy holiday season. However, some of the most important backups a company might need are often overlooked until it's too late. Today's Aegis blog post focuses on three specific backups a company may need to protect their business productivity and stability.
Cloud-Based Email and Network Backups
Companies of all sizes and industries rely on technology and data to run their business, such as email, web-based retail services, financial transactions, and business networks with other divisions or locations. Businesses can protect themselves by backing up essential data and emails through off-site cloud-based storage services. This allows companies to protect vital data and continue communicating with employees and customers even when their primary work site is closed or unavailable due to property damage or inclement weather.
Backup Vendors or Suppliers
When catastrophic events or severe storms occur in other parts of the country, businesses can be indirectly impacted by the closure or delays to their vital suppliers or vendors that provide merchandise or raw materials. For this reason, it's important for companies to have backup suppliers or vendors so they always have a source for their most-needed materials or merchandise to prevent sales or manufacturing delays.
Backup Work Location
Finally, businesses should also consider creating a contingency plan in the event of property damage or weather closures that includes having a backup work location secured. For smaller companies this might mean identifying an alternate work site or office space to rent temporarily while repairs are made, and for larger companies this might mean relocating employees to satellite offices or nearby locations until their own facility is available again.
Companies should make sure that they have the right kind of backups in place to protect productivity and avoid costly delays that could hurt their long-term growth and success. Aegis Insurance & Financial Services is committed to helping companies also protect productivity and financial security through a full range of Commercial Insurance policies, including Business Income Insurance, Utility Interruption Insurance, Commercial Property Insurance, and more. Contact Aegis today at 713-850-7622 for more information or fill out our online form to request a free quote.