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Small Business

Despite Recent Disasters, Survey Shows Most Small Business Owners Still Not Getting Prepared

Despite the devastation and lasting effects caused by Superstorm Sandy and other disasters over the past year, 70 percent of small businesses don’t consider themselves at risk for experiencing a similar disaster in the future, according to a new survey from FedEx Corp. FDX and the American Red Cross.

Fewer than 10 percent of small businesses surveyed report taking any disaster preparedness actions based on the effects of Sandy. Even those small businesses which have been impacted by Hurricane Sandy or another disaster (13 percent were impacted by Hurricane Sandy, eight percent impacted by other local/regional disasters), half feel it’s unlikely they will be affected again in the next five years.

This lack of concern by many small businesses has led FedEx and the American Red Cross to take action to help boost preparedness levels across the country.

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