join our network! affiliate login  
Custom Search
GET OUR FREE EMAIL NEWSLETTERS!
Daily and Weekly Editions • Articles • Alerts • Expert Advice • Learn More
Search HR Guidebook:  
« Go Back

What about Costs

A business owner is always mindful of the costs.  Therefore, your first step in this process should be to identify costs associated with developing and implementing an Emergency Plan.  Prepare a worksheet and identify the items that are NO COST, UNDER $500 and MORE THAN $500.  For example:

NO COST

Ex.  Ask your insurance company or agent about policy coverage and prices.

UNDER $500

Ex.  Purchase an Emergency Preparedness Kit

MORE THAN $500

Ex. Send the Emergency Management Planning Team to several days of training or conferences
     
The cost to prepare and implement an Emergency Plan is very little.  A business disruption without an Emergency Plan is often very costly.  The bottom line is - it is much better to pay now to reduce your risks then to pay later.

Category:Disaster Planning

Categories: