Blockchain Registration Transaction Record

94% of Small Businesses Confident in Disaster Recovery, Only 31% Have a Plan

New survey reveals 94% of small businesses are confident about disaster recovery, but only 31% have a formal plan. Learn why preparedness and insurance reviews are critical.

<p>This news matters because the gap between confidence and preparedness can be devastating for small businesses. With only 31% having a formal disaster-recovery plan, many are risking significant financial loss, operational shutdowns, and even permanent closure. The survey results highlight a critical need for business owners to reassess their insurance coverage and continuity strategies. As climate-related disasters and unexpected disruptions become more frequent, having the right protection and a solid plan is no longer optional—it's essential for survival.</p>