Before Disaster Strikes, Prepare Your Business with an Emergency Plan
Businesses and HBAs face an ever-changing landscape of challenges and hazards that can have a major impact on their core business functions, stakeholders and finances. Natural disasters, pandemics and outages of critical infrastructure or technology can all cause severe disruptions.
Drafting a Continuity of Operations Plan (COOP) or emergency business plan can help you assess probable hazards to your business or HBA. A COOP puts measures in place either to mitigate associated risks or coordinate alternate actions during times of crisis to maintain business functions.
To support the business community in the planning process, FEMA has partnered with the U.S. Department of Homeland Security’s Ready.gov to produce the Ready Business Program. This program features several hazard-specific toolkits designed to help business owners and managers organize information and draft business continuity plans.
The Ready Business Program recommends addressing several questions during the planning process:
- Identify Your Risk. What disasters or highly impactful events are most likely to affect my business? Plan for events that are most likely to happen in your area such as natural disasters, man-made hazards, theft or technology outages. Buildings, storage, vehicles, tools, job-sites, and IT equipment could all be vulnerable to different types of hazards or disasters.
- Develop a Plan. How do I continue operations and business functions during or after a crisis, while ensuring the safety of employees and other stakeholders? Draft a framework for how your business can continue to run safely in adverse conditions caused by the hazards you have identified. What can be done to ensure financial viability in case of decreased cash-flow? If your equipment is damaged/lost how will you be able to access your records? The U.S. Small Business Administration has a checklist of questions available.
- Communicate Your Plan. How will I ensure my stakeholders are aware of and understand my plan in case of an emergency or pending event? When will I tell them? Every COOP plan should include a crisis communications section that addresses how employees, subcontractors, vendors or suppliers will be made aware of the plan and how to keep in contact before, during and after the event. Make sure to incorporate a plan for communications redundancies in the event of telephone or internet outages.
- Take Action. What preparedness actions, processes or physical improvements need to be put into place prior to the disaster in order to mitigate against the risks identified? Begin training in any processes that were outlined in the plan or make changes that would be critical to addressing your business’s primary risks. Some examples of these changes could be building safety improvements, technology backups, new vendors or procuring safety items.
Latest from NAHBNow
Jul 17, 2026
Keep Workers Safe from Wildfire Smoke on JobsitesWith wildfires raging across Ontario, Canada and smoke impacting huge areas of the Northeast and upper Midwest in the U.S., it is important to know the effects wildfire smoke can have across the country, even if you are not in an area that is at risk for wildfires.
Jul 17, 2026
Multifamily Gains Lift Overall Starts Despite Single-Family DeclineOverall housing starts increased 19% in June to a seasonally adjusted annual rate of 1.43 million units, according to a report from the U.S. Department of Housing and Urban Development and the U.S. Census Bureau.
Latest Economic News
Jul 17, 2026
Multifamily Gains Lift Overall Starts Despite Single-Family DeclineStrong multifamily growth pushed overall housing starts higher in June, while single-family production remained sluggish as elevated mortgage rates, rising construction costs and persistent labor shortages continued to weigh on the market.
Jul 16, 2026
Builder Sentiment Stays Weak as Affordability Concerns PersistEconomic uncertainty and persistent affordability challenges driven by rising material prices, high land costs, and elevated mortgage rates continue to weigh on builder sentiment.
Jul 15, 2026
Building Material Prices Continue to Rise Despite Energy Price DeclinesResidential building material prices, excluding energy, rose 0.5% in June and were up 4.6% from a year ago. Lower energy prices were apparent in June, as energy input prices fell 10.3% over the month. Meanwhile, prices for services rose 5.2% over the year, and were up 1.0% from the previous month.