Finances after natural disaster

Small business and natural disaster preparation

Small business and natural disaster preparation is something that should be in your business planning. Generally, our office houses all our important documents right down to our children’s first teeth.

All easily accessible at any time we may need those records. What would happen though if disaster struck wiping out all those at hand documents?

Now we would desperately need them and they’d be gone.

Do you run a small business? Do you have a disaster plan?

Business Plans to Lessen the Disaster

Steps can be taken to avoid such a disaster. Purchasing a fire resistant, water proof safe to keep all important documents or placing them in a safety deposit box with your bank is a relatively inexpensive way to safeguard and protect your information should the worst happen.  Some things to consider keeping in there would be;

  • Usernames and passwords for bank accounts, insurance policies, investment portfolios etc
  • Birth and marriage certificates
  • Wills and power of attorney
  • Life, house and contents insurance policies
  • Important medical files
  • Passports
  • Colour copies of drivers licences, medicare, pension, bank and credit cards
  • Photos of jewellery and furniture as a home inventory
  • Bank account details
  • Superannuation details
  • Back up your hard disk of computer files
  • University degree or Tafe certificates
  • House deeds
  • Authenticity certificates for artworks

Continuing Your Business Through A Disaster

As you can see it’s important to keep all these valuables safe as a preventative measure to prepare your small business for a natural disaster.

Especially when dealing with insurance claims and continuing your business practice uninhibited whilst the clean up takes place.

From a business prospective, all work in house and off site requires back up of your computer and it’s records. Cloud Accounting in some ways, for some people, has done away with the need for back up software as the back up is off site anyway.

TJD Accounting Services

319 Keilor Road


VIC 3040



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