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2 CT Small Business Development Center • CTSBDC | GrowCT.com | PrepareCT.com Disaster Recovery Toolkit for Small Business Table of Contents Disaster strikes: Now what? ............................................................................................3 Steps to get you back in business ...................................................................................5 Checklist for reopening your business after a disaster ....................................................6 Reconstructing financial records after a disaster......................................................... 12 Analyzing the financial health of a business after a disaster ....................................... 13 Comparing performance to other businesses.............................................................. 16 Recovery plan template ............................................................................................... 17 Checklist for managing in times of financial difficulty .................................................. 18 Ways to improve your cash position ............................................................................ 20 Ideas to improve profitability ....................................................................................... 21 The effect of discounting ............................................................................................. 22 Controlling costs .......................................................................................................... 23 Reducing time to collect accounts receivable.............................................................. 24 • Manage inventory .................................................................................................. 25 • Improve sales ........................................................................................................ 26 Checklists ............................................................................................................27-28 Cloud storage .............................................................................................................. 29 Cyber Security .....................................................................................................30-31 Contact CTSBDC .................................................................................... Back cover This Disaster Recovery Toolkit for Small Business was modified by the Connecticut Small Business Development Center and originally created by the Kentucky Small Business Development Center and its author, CPA Australia. For questions, please contact CTSBDC at 1-860-486-4270 or online at http://GrowCT.com/.