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## Importance of Disaster Preparation for Small Businesses

The recent devastating floods and storms in parts of the country serve as a stark reminder of the importance for small businesses to be prepared for natural disasters, according to the Australian Small Business and Family Enterprise Ombudsman, Bruce Billson.

Mr. Billson emphasized the need for small and family businesses to have a current disaster preparation plan in place, as the overwhelming majority of them lack one. An inquiry by his office revealed that only one in four small businesses have a current business continuity plan.

The impact of natural disasters on small and family businesses can be significant – either their business is directly damaged or wiped-out, or they suffer as an indirect victim due to the impact on their town or region, leading to a loss of customers. Taking proactive steps such as developing a business continuity plan and implementing risk mitigation strategies can help these businesses to recover more quickly.

In some cases, small business owners are the first to volunteer and contribute to local emergency response and business support groups when a disaster is imminent. They also play a crucial role in making preparations for the community, such as laying sandbags and moving stock and people to higher ground.

It is essential for small and family businesses to be as prepared as possible to respond and recover from natural disasters. This includes ensuring that their record keeping is up to date and critical information is digitized for easy retrieval in case of business destruction.

## How AI legalese decoder Can Help

The AI legalese decoder can assist small and family businesses in preparing for natural disasters by providing easy-to-understand legal and regulatory information related to disaster preparation. The decoder can help businesses in creating and maintaining their business continuity plans, ensuring compliance with relevant regulations, and identifying risk mitigation strategies. Additionally, the AI legalese decoder can aid in digitizing and organizing critical information, making it easily accessible for businesses in the event of a disaster. By utilizing this tool, small and family businesses can enhance their disaster preparedness and resilience, ultimately minimizing the impact of natural disasters on their operations.

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