The Business Costs Of Disruption From Office Fires

S&S_workplace_fire_protectionWorkplace fire safety is incredibly important and often neglected by companies. Fire Protection and safety is not only required by law, but is also smart business sense. You and your management need to take the time to focus on saving lives, property, and preventing extended business disruption from fire damage.

The cost of extended business disruption from an office fire:

1.  S&S_fire_businessYour customers and clients have to go to other vendors if you are not up and running in a timely manner.

2

S&S_fire_employeelossYour workforce has to pay their bills. If you are not operational in a timely manner, your best employees – that you have invested in and trained – might be lost to your competitors.

3. S&S_fire_datalossCustomer sales, lead databases, payroll, & employee records. The information that drives your company could be lost forever or difficult to access.

Many businesses never entirely recover – losing orders, contracts, key employees or may go out of business resulting in lost jobs and services to the community. – Arson Prevention Bureau

While the real impact of fire is immense for most businesses, it is commonly catastrophic for smaller companies. Take a look at these facts:

S&S_fire_businessfail• 30% of all businesses that have a major fire go out of business within a year, and 70% fail within five years.
– Home Office Computing Magazine

 

S&S_fire_propertydamage• US fires consume $10 billion in property damage costs annually.
– Maine Municipal Association Risk Management Services (MMARMS)

Office and building fire protection has improved over the last 50 years. Unfortunately, they are still fairly common and are caused by the one thing almost all business have in their building.

S&S_fire_totalfires• 70-80,000 workplaces experience fire every year, causing disruption of business, a loss of valuable property.
– Maine Municipal Association Risk Management Services (MMARMS)

S&S_fire_employeecause• 85 percent of the fires that occur in commercial buildings are due to human error or intent.
– Maine Municipal Association Risk Management Services (MMARMS)

Conclusion:
A sound business audits and analyzes sales, finances, and operational data on a regular basis. Have you reviewed your buildings fire protection system and plans in the last 12 to 18 months? Remember, the safety of your employees and the life of your business depends on how prepared you are for a fire and a business disruption.

At S&S we can help you with an inspection of your current fire safety equipment, plan, and needs. If you need any modifications or maintenance, we can help you with that. If you need a new fire protection design for your commercial building, we would be happy to give you a consultation, estimate, and plan to properly protect your business.

Contact S&S

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For more information, a consultation, or an estimate request by phone call 1-800-443-5897.

References and support:
http://fireemsleaderpro.org/2013/12/10/businesses-and-fire/
https://www.linkedin.com/today/post/article/20140428085106-1967426-the-80-myth
http://www.continuitycentral.com/feature0660.html

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