This is a multi-day exercise. It’s worth it! I recommend a minimum of a two-day session, with a few hours on each day. If your business is time strapped, maybe you’ll have to do it before or after business hours, but I cannot stress enough how important it is to set aside some time over two days. You’ll need to take some time to reflect on the first day’s decisions before you finalize them.
In October 2001, the Public Entity Risk Institute published a thorough study of how natural disasters affect small businesses. The study was conducted by University of Wisconsin-Green Bay researchers Daniel J. Alesch, James N. Holly, Elliott Mittler, and Robert Nagy and titled, quite straightforwardly, Organizations at Risk: What Happens When Small Businesses and Not-for-Profits Encounter Natural Disasters.