Crisis Management, Risk Management
Prepare Your Business for Winter Weather Hazards
January 3, 2025
Heavy snowfall, high winds, ice and freezing temperatures can wreak havoc on businesses, causing billions in property damage and threatening operations. In 2024 alone, there were 24 severe weather-related disasters that caused losses exceeding $1 billion each, according to the National Centers for Environmental Information. The stakes are high as about 25% of businesses never reopen after a disaster, according to the U.S. Small Business Association. To avoid becoming part of these statistics, it is vital to understand the risks that come with winter weather, prepare your business to withstand severe conditions, and have a plan in place to ensure…
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