Minimizing business interruption. While it's hard to predict when a disaster will strike, developing a business preparedness plan beforehand will give a company the ability to take immediate action to get the business up and running as quickly as possible. (Photo: Shutterstock)

For manufacturers, equipment is often the largest capital expense — possibly worth more than the building itself. When disaster strikes, the first few hours can be crucial to the preservation and future reliability of the impacted equipment. Ask yourself this: In the event of a disaster, do you and your team know what to do to preserve your assets? Do you know who to call to restore your equipment? When equipment is as valuable as that in the manufacturing industry, the answer to these questions should be "yes."

A disaster preparedness plan not only prepares you for the worst-case scenario, it gives you peace of mind knowing that if and when something happens, you will be able to take immediate action to not only restore your equipment but also minimize business interruption.

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