are you prepared?

Are You Prepared?

Illinois Small Business Development Center at Harper College

The ILSBDC at Harper College is funded in part through a cooperative agreement with the U.S. Small Business Administration, Department of Commerce and Economic Opportunity, and Harper College to help our local businesses start, grow, and expand.

Presented by:names

You Are The Community

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Small Small BusinessesBusinesses

You represent You represent 99.7%99.7% of of all businesses in USall businesses in US

You employ You employ 50%50% of of workforceworkforce

You generate You generate 64%64% of the of the new jobs in the last 15 new jobs in the last 15 yearsyears

Many of you employ 10 Many of you employ 10 or feweror fewer

Have You Considered the Risks?

Business / Technological

Natural / Hazardous

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Unprepared?

If You Experience a Disaster: 25% never reopen 80% that do not recover within 1 month

are likely to go out of business 43% never reopen if they experienced a

major loss of business data

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Impacts More Than YOU!

Vendors

Transportation Channels

Customers

Service Providers

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BUSINESS / TECHNOLOGICALRISKS

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Are You Prepared For?

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Are You Prepared For?

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Financial

Credit Line Pulled

Credit Card Rates Increase

Revenue Deterioration

Are You Prepared For?

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Partner Leaves

Employee Violence

Union Strikes

Employee

Are You Prepared For?

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Industry

Downturn

Vendor(s) Goes Out of Business

Strike

Are You Prepared For?

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Competitors Merge

Customer Leaves

Pricing Pressures

Competitor

Are You Prepared For?

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Equipment Breakdown

Technology Changes

Materials in Short Supply Operations

Are You Prepared For?

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Contract Breach

Regulations Changes

Tax Increase

Legal

NO!

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Legal

Operations

Competitor

Industry

Employee

Financial

Then

Plan for the Likely Risks Develop a Risk Plan

• Scenario• Response

Why Remain competitive Protect jobs Protect your investment

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NATURAL / HAZARDOUSRISKS

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Do You Recall?

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September 11, 2001

9 counties declared a

disaster after 10 inches of

rain in 2008?

F1 Tornado that ripped through the Village of Bloomingdale in 2008?

Cook County Admin building fire in 2008?

Winter storm that shutdown Randhurst, Woodfield and

other businesses in 2008?

Disasters Can Happen to You!

What is a Disaster?

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Are You Prepared For?

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Are You Prepared For?

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Winter Storm

Power Outage

Burst Pipes

Roof Collapse

Are You Prepared For?

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Flash Flood

Computers Ruined

Inventory Damaged

Records Destroyed

Are You Prepared For?

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Tornado

Strip Mall Leveled

Building Destroyed

Company Vehicle Damaged

Are You Prepared For?

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Terrorism

Business Data Destroyed

Business District Crippled

Customer Data Theft

Are You Prepared For?

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FireEmployee Injury

Property Damage

Repairs

Are You Prepared For?

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H1N1

Employee Absences

Cancellations / No Shows

Customer Buying Changes

NO!

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H1N1

Terrorism

Fire

Tornado

Flash Flood

Winter Storm

Terrorism

Then

Plan Your Response Develop a Business Continuity Plan

• Event

• Response

• Recovery

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What Is It?

A Business Continuity Plan helps

Protect people and property

Resume critical business functions

Minimize downtime to retain client/customer

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Don’t Be a Statistic!

Make an appointment TODAY!

ILSBDC at Harper College• Free 1 on 1 confidential plan development advice

with a qualified Business Advisor

• Free Survive & Thrive Workshop• Tuesday, December 8, 2009

• Tuesday, January 12, 2010

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Illinois Small Business Development CenterBusiness Advisers for

Established and Start-Up Businesses

The ILSBDC at Harper College is funded in part through a cooperative agreement with the U.S. Small Business Administration, Department of Commerce and Economic Opportunity, and Harper College to help our local businesses start, grow, and expand.

Call For An Appointment Now!

Illinois Small Business Development Center at Harper College

The ILSBDC at Harper College is funded in part through a cooperative agreement with the U.S. Small Business Administration, Department of Commerce and Economic Opportunity, and Harper College to help our local businesses start, grow, and expand.

ILSBDC at Harper College

847.925.6520