How can you protect your business from floods? And what can you do to help your business get back on its feet after flooding? These are questions facing many small business owners across the UK this week after record rainfall has flooded many businesses across the UK.
Barclays Local Business have responded by setting up an emergency flooding financing program to help small business owners get back up and running after the record breaking floods across the UK.
Steve Cooper, Managing Director, Barclays Local Business Banking: “Events such as these can have a devastating effect on business continuity and at Barclays we are committed to helping our customers through these difficult times.”
“Our customers should contact their relationship manager as soon as they can to discuss how we might support them with concrete measures that meet their needs and help ease the pain a little.”
More Th>n Business have published a Flood Guidance article which is also worth having a look at. The article gives advice to SME’s on how best to anticipate and cope with flooding. The advice includes prevention tips including assessing the location of your business, setting a contingency plan in place, and reviewing the terms and conditions of your insurance.
Reviewing the terms and conditions of your insurance is extremely important, but you should also check with your franchisor to see if they have any advice or guidelines on how best to deal with flood damage. A good franchisor will believe that your success means their success and will guide you throw the depths (forgive the pun) of the flood and back on to dry land.
Best of luck and here’s hoping you manage to keep yourself and your business dry this winter!