A study released yesterday shows that 57 percent of real estate owners and managers do not have business continuity plans. The study, conducted by Travelers, also reported that an astounding 43 percent of real estate industry professionals surveyed did not consider natural disasters to be “an important business issue.””The lack of preparation could be detrimental for real estate managers and owners,” said Deb Denker, Real Estate Industry Manager, Travelers Commercial Accounts. “To survive the increasing number and severity of disasters, real estate owners and managers need a strategic business continuity plan to help minimize downtime, organize a response and deploy the resources needed for a prompt recovery.”Click here
for more. And maybe this is something you need to consider when looking for potential trouble spots in your own plans.