While real estate underlines the importance of "location, location, location" for establishing a business, there are other factors to consider once a destination for breaking ground is chosen.
As this blog has mentioned on numerous occasions, Mother Nature is – to some extent – unpredictable, and as such, companies should undergo disaster recovery planning. That way, whether a tornado or hurricane blows through, an organization can keep daily operations flowing smoothly.
Businesses located in the Northeast are currently bracing for impact, as national forecasters are saying that "Frankenstorm" will most likely make landfall early next week. Hurricane Sandy is on a course that will collide with a winter storm that has been traveling through the Midwest, moving east. There is also cold air streaming south from Canada, according to CBS news.
"It's looking like a very serious storm that could be historic," Jeff Masters, meteorology director of the forecasting service Weather Underground told the news source. "Mother Nature is not saying, 'Trick or treat.' It's just going to give tricks."
National Weather Service meteorologist Alan Dunham told The Boston Globe that the brunt of the impact will hit New England on Monday night going into Tuesday. High seas, coastal flooding and beach erosion are all likely to occur, he said.
High winds are also expected, which some experts fear could cause severe power outages. Many trees still have leaves on them, making them more likely to be affected by the wind, according to the source.
In situations like this, companies would greatly benefit from comprehensive business continuity planning. When organizations take the time to create options for employees to work from home – in the case of road closures from storm damage – business resumption is more likely to happen in a quick and orderly fashion.