Business Interruption Prevention

  • Employ the services of a professional accountant to:
    • Prepare financial statements.
    • Perform an annual audit of your books.
  • Maintain a list of secondary suppliers of materials in the event your primary supplier suffers a loss.
  • Be prepared with a plan of action as to how you will continue to service your customers while your premises are being repaired after a loss. This will help you to avoid losing your customer base. Consider availability of temporary premises where you can resume operations immediately.
  • Reduce the physical and moral hazards of your business.
  • Duplicate your business records and store them off-site; in the event that your premises are damaged, you will have documents to substantiate any business interruption loss