BizLaunch: Creating a Prepared Business Community

October 25, 2019 | By Alex Held

In partnership with the Arlington Community Federal Credit Union, the Arlington Chamber of Commerce Brunch & Business provides businesses with relevant content to support their success.

Understanding that 90% of small businesses will fail within a year of a disaster unless they are able to resume operations within five days, the topic for Brunch & Business on Oct. 23 was How to Navigate Disastrous Moments in Business. The panelists were composed of Arlington's emergency management professionals, representatives from AWS, the founder of LiveSafe and an insurance professional who experienced his own disastrous moment when a fire destroyed his office within the first year of opening.

Key takeaways from the event included:

Develop a plan and practice it. Do your employees know what to do if something happened? Who is your main point of contact during a disaster?
Create continuity plans for your business should something disastrous happen. Is your data backed up to the cloud? Are your employees contact information backed up?
Leverage your insurance agent to ensure your business is protected. Should you not be able to open would your employees still be able to get paid?

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The next Brunch & Business will be held on Jan. 15, 2020 where we will be discussing ways businesses can be cyber compliant and protected from cyber threats.