Property Management: Preparing for the Worst-Case Scenario

8/17/2022 (Permalink)

Damaged business by a flood

Planning For the Worst-Case Scenario in Property Management

Storm preparedness and emergency planning are both tools in the property managers arsenal. These tools can be the difference between maintained business operations or complete shutdown. The four points below can guide you through the steps and the significance of emergency preparation.

1. Preplan for Disaster

As an owner or a manager, you may find that a significant part of property management revolves around employee safety and disaster prevention. Businesses require this type of preparation to help ensure business continuity; therefore, you will likely want to accumulate a list of contacts and operational procedures in case of an emergency.

2. Prepare an Emergency Checklist

Storm preparedness can be as simple as creating an emergency checklist for employees and clients. You can post this checklist around the property and make sure that every employee has a copy, ensuring that everyone will know what to do during an emergency. These lists should include maps to exits and shelter areas along with an action plan.

3. Practice Emergency Procedures Regularly

While the creation of preparation materials and checklists are a good starting point, these tools are nothing without regular practice and guidance. Many municipalities suggest performing monthly emergency walk-throughs and safety meetings. These monthly meetings will allow employees to ask questions and practice the developed safety routines while allowing management to rectify any potential concerns before a legitimate emergency.

4. Consider Restoration Specialists

When you think of the term restoration specialists, you may not immediately think of emergency preparations, but some restoration companies in Punta Gorda, FL, provide a form of emergency planning for businesses. These companies may offer property evaluations to help pinpoint safety concerns as well as offer custom plans for your business in the event of an emergency or disaster.

An essential aspect of most business planning is storm preparedness, but it goes beyond the installation of storm shutters and backflow valves.

Storm readiness means preparing for emergencies, not only from a business operations perspective but a safety perspective as well. Creating procedures and checklists as well as performing monthly meetings can all benefit your business and employees, ensuring that everyone and everything is prepared in emergent situations.