Written by pkendig
According to 2011 reports published by the U.S. Fire Administration, 85,400 nonresidential building and business fires in the U.S. accounted for 80 deaths, 1,100 injuries and more $2.4 billion in property losses. What these statistics fail to capture is the lasting impact of a small business fire, which can cause interruption of cash flow, frustration to clients and customers, destruction of essential equipment and need for expensive temporary operational facilities. An estimated 25% of small businesses never reopen after a significant disaster, according to the Insurance Institute for Business & Home Safety. If your business income came to an abrupt standstill, how long would you be able to continue to pay salaries, debts and other obligations before facing financial ruin?
Fortunately, businesses across the U.S. are actively addressing these concerns. Incidents of nonresidential and business fires reported to FEMA have dropped steadily since 2007. Technological advances to the equipment used in fire detection, suppression and response systems are helping prevent and lessen the impact of fires, while improving emergency response times. The FEMA Emergency Management Guide for Business and Industry suggests a fire emergency plan, detection and sprinkler systems, regular maintenance and inspection, clear markers on utility shutoffs and effectively trained personnel help businesses prevent destructive fires, minimize injuries and mitigate damage to property. To eliminate the threat of going out of business, the Insurance Institute for Business & Home Safety urges businesses to identify risks, take protective measures and have continuity plans in place in the event of a disaster.
What has your business done to prepare for potential emergencies like fire? Butler Durrell works with commercial clients to develop custom designed security and preparedness plans. Contact us today for a fire system inspection, to begin monitoring or a fire detection system installation quote.