Expert advice for starting or growing your business plus valuable ideas on management techniques and business strategies. Your Personal Business Advisor.
March 16, 2011
Don't Let A Disaster Derail Your Small Business
By: Denise OBerry
It is with a heavy heart that I watch the disaster in Japan reveal the devastation that has occurred. Who knows how many small businesses have come to an end as a result? While many of us will never experience a disaster such as that, there are many more potential disasters waiting in the wings for small businesses like ours. And any one of them can put you out of business.

About ninety percent of the small businesses in the US have less than ten employees. And plenty of those only have one or two. So the loss of a single person in your business can tip it right over the edge.

I've heard of three disasters in the last month that could have put companies out of business - but didn't - because of action that was taken quickly to move the company forward. Two of those are solopreneurs with outsourced support staff that could have lost their entire business.

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