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Disaster preparedness, response and recovery

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Key considerations for managing through a catastrophe
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Hurricanes, earthquakes, and other catastrophic events bring the need for disaster preparedness into sharp focus. Companies of all sizes, as well as individuals, must have clear protocols around disaster planning, ranging from immediate response to an event to business recovery practices and proactive defenses against future occurrences.

Without proper planning and collaboration, a disaster amplifies risk around many facets of an organization’s operations, from tax implications and loss claims to, vendor relationships and the supply chain impacts. No disaster happens without serious, long-ranging effects on a business, but proper planning and action can mitigate these impacts.

RSM helps organizations navigate each stage of disaster response

Responding to a disaster

In the immediate aftermath, it is important to ensure that the business’s road map for quick disaster response is clearly laid out and communicated to key stakeholders. Considerations include staffing issues, insurance claims, tax relief, operational contingency locations, and IT protocols, to name a few.

RSM offers a number of capabilities that can help businesses quickly restore operations. These include:

IT remediation and recovery services

Supply chain resiliency strategies

Tax filing extensions

Disaster recovery and business continuity

Ensuring business continuity following a disaster means quickly shoring up the financial flanks. To help remain solvent, companies should take advantage of all available channels for remediation: government tax credits and other incentives, insurance, and more.

Adapting operations before a full return to normal includes reevaluating tax considerations, adjusting supply chain, updating business valuations, and maximizing claims. RSM can help put a business on the road to recovery through:

Business loss claims

Finance and accounting outsourcing

Insurance claims assistance

Staff augmentation

Tax credits and incentives for recovery and rebuilding

Advance planning for future risk
Mitigating future risk requires careful preparation, resource allocation, and a clear plan of action communicated from the top down. Review your business continuity plans regularly to plan for various scenarios.
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