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Illinois Small Business Development Center at Harper College - PowerPoint PPT Presentation
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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
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