What would you do if these situations happened to you?
- You’re out of town and heavy rains hit your area, flooding your basement. Your archives are stored there, and are now waterlogged.
- It’s the night of your annual benefit, and a lightning strike causes a blackout in your town. You have to cancel the benefit, costing your company thousands of dollars in potential donations.
As you can see from these examples, losses can be both tangible and intangible. You’ll want to protect your physical items, like artwork and archives, but what about the income you would lose if a disaster interrupts your ability to do business?
I’m ready to get this all down in writing. Take Inventory
I’ve heard I should be concerned about floods. Flood Insurance