Make sure your suppliers are prepared!!

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How much insurance do I need?

Make sure your suppliers are prepared!!

Use suppliers who have business continuity plans. Using suppliers with their own contingency plans makes you less vulnerable when disaster strikes. Especially if you use just in time delivery for your inventory. Have a supplier agreement for disruptions. Remember - 43% of businesses never reopen after a disaster (often due to impacts from a loss of inventory sources, distributors or communication systems).

   

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