Hurricane Sandy, or “Frankenstorm” as it’s been nicknamed, is barreling down on the east coast this week. Home owners and business owners are boarding up in anticipation of a monster of a storm that is expected to last for up to a week.
We never expect anything like this to happen, but the truth is that it does. The same thing can happen with your business, so you should prepare for it now. As a manufacturer I did think to prepare in case anything happened to the factory, like a typhoon or political upheaval. But I didn’t anticipate the price of oil going up so much (affects the price of plastic and shipping) or how bad the economy would become (not just here, but around the world).
Here are some things to consider when preparing for a natural disaster or one that hits your business: [Read more…]