Hartford Business Journal Custom Publishing

CTSBDC Post-Disaster Checklist

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PrepareCT.com | GrowCT.com | CT Small Business Development Center • CTSBDC 7 Checklist for re-opening your business after a disaster WITH RECOVERY UNDERWAY Business licenses If you lost copies of your business license, permits or other official documents necessary to operate your business, have you approached the appropriate agency to get them replaced? Giving thanks Have you thanked everyone involved in assisting you? Record keeping Have you considered what accounting system you are going to use to continue to keep your financial records up to date? Are there any improvements you can make to your record keeping system, such as off-site backups? Lessons learned Have you documented the lessons learned from your business recovery? Have you considered putting a business continuity plan in place in case you go through another disaster? Have you reviewed your insurance coverage to see whether it is adequate and whether there are any gaps in your coverage? Meeting statutory obligations Has your ability to file and pay such returns/forms/obligations been delayed? Do your reconstructed financial records give you the necessary information and evidence to be able to complete such returns? Pricing Have you completed a break-even analysis to determine whether the prices you charge are making you the profit you want to achieve? Have you compared your pricing to your competitors'?

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