It’s Not Just the Economy: Don’t Be Stupid About Natural Disasters

April 2009
by Linda Carlson

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It’s Not Just the Economy: Don’t Be Stupid About Natural Disasters

by Linda Carlson

“Disastrous” is how many publishers feel about sales and returns these days, but some are also struggling to overcome an additional disaster—a fire, flood, or mudslide. Like plummeting sales and skyrocketing returns, natural disasters can have significant long-term effects on a business. You lose inventory; you lose your work space; you may lose files, furniture, and computer gear—and perhaps worst of all, you lose time. Instead of tending to the business of publishing, you’re focused on insurance, liability, replacing what’s been lost, and determining how to handle displaced employees.

Just ask Jim Leisy at Franklin, Beedle & Associates in Wilsonville, OR, who spent much of January cleaning up after the Northwest’s unusually heavy December snowfall caused flooding in his office. Leisy had had a French drain malfunction two years ago, so he’d been through a flood; the surprise this time was that three feet of melting snow caused water to seep through his office building’s roof.

He walked in after a four-day Christmas weekend to find water dripping from the ceiling, ceiling tiles broken on the floor, and a saturated carpet. Because the company has always racked books at least six inches off…IBPA Members – Click here to view the full article (login required).

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