Disruptions due to the weather can happen anywhere at any time. Taking time to plan and prepare your business can save you time and money when something untoward happens.
There are simple steps all businesses can take to ensure that they are prepared for adverse weather such as:
- signing up for flood warnings;
- installing flood protection systems;
- checking your insurance policy covers weather damage to your property - make sure you have suitable insurance, the Association of British Insurers provides helpful information; Commercial property insurance is particularly relevant;
- having a business continuity plan;
- making copies of your insurance documentation and key contact information; and
- preparing a grab bag with essential items which can be easily accessed should the premises be evacuated. Businesses are also encouraged to be aware that harsh weather conditions could leave staff unable to travel to work and therefore should evaluate the risks and provide solutions to being understaffed during this time. See: [Preparing for emergencies - GOV.UK (www.gov.uk)](https://www.gov.uk/government/publications/preparing-for-emergencies/preparing-for-emergencies)
The Financial Conduct Authority (FCA) has launched proposals that could see the £100 limit on contactless card payments raised - or even removed altogether. If agreed, shoppers may soon be able to pay for larger supermarket trips or restaurant bills with just a tap, without needing to enter a PIN.
Cyber-attacks are on the increase, and smaller businesses are by no means immune. Have you been the victim of an online scam or cyber-attack? Or worried that something like that may happen?