Natural disasters come in many varieties, from floods and fires to landslides and tornados. Often times, the full impact for a business is not fully realized until it’s too late and critical business information is lost. The impact is sometimes so great that 25% of businesses never reopen following a major disaster. However, that fate is avoidable if the proper steps are taken to create a formal disaster recovery plan for your business. For every $1 a company invests in disaster preparedness, $7 worth of disaster-related economic losses can be prevented.
Boston University has created this informative infographic with facts and information about how your business can be better prepared before disaster strikes.