Business owners have worked hard and made significant sacrifices to maintain their businesses. All that progress shouldn’t be destroyed by flood damage. Commercial property owners have unique needs when it comes to flood protection. They aren’t just protecting their own livelihood, but the livelihood of their employees as well.
Commercial flood protection is essential when it comes to owning a business or commercial property that is near a body of water. A flooded business is not something worth risking. Learn how to prevent commercial flood damage and protect your company property.
How Do Floods Affect Businesses?
Commercial Flood Damage Repair Costs
The effects of flood damage can be disastrous and can even cause a business to go into debt or go bankrupt. On average, the cost of commercial flood damage restoration will be about $35 to $45 per square foot. Floodwater containing bacteria will likely cost even more due to mold removal and other cleaning costs. Without protective insurance or proper prevention methods, the cost of repairing your property after a flood can devastate your business financially.
A variety of factors impact the average price of flood damage, including the extent of damage, cleanliness of water, mold and mildew, and objects that need replacing. The cost of commercial flood damage repair is only predicted to increase in price. An analysis from the First Street Foundation estimated that commercial properties were at risk of spending a grand total of over $13.5 billion in commercial flood damage repair costs in 2022.
Hindrance to Workflow and Production
When your commercial building has been ravaged by floodwaters, it’s not practical or safe to conduct business and go about your daily tasks. Employees will need to be notified of a shutdown while waiting for repairs to be complete. If closed for less than a week, business owners still have to pay salaries for those missed days. Businesses in the United States lost a total of 3.1 million operational business days due to shutdowns from flooding last year, losing potential profit in the process.
A ruined office building or storefront can halt the means of production and the ability of employees to work when they don’t have a proper, functioning workspace. Even solutions that work around the loss of a commercial building, such as renting a temporary workspace for a few weeks, will cost your company a substantial amount of money. This is a hindrance not only to business owners but also to customers and members of the supply chain who rely on your ability to provide goods and services.
Lost Records and Important Documents
Walls can be replastered and flooring can be fixed, but some parts of a flooded business can never be replaced. Papers and important documents can be destroyed during a flood, negatively impacting a business. This is especially troublesome when it comes to filing taxes for business expenses. Records of clients and customers are also important for a variety of industries, and retracing all the lost information is a tedious process.
How to Prevent Commercial Flood Damage
Deploy Commercial Flood Barriers
Among the most reliable commercial flood protection methods are commercial flood barriers. Commercial flood barriers can hold back floodwaters and protect your property from devastation.
It’s important to invest in secure flood barriers that can withstand many pounds of pressure. TrapBag® flood barriers are made of a durable textile material that keeps floodwaters at bay. The hexagonal cell shapes are linked together, enforcing strength without the risk of becoming compromised if one individual cell becomes damaged.
Conduct a Property Assessment
Before purchasing a plot of land or a commercial building, hire a team of contractors to conduct a property assessment. They will determine the risk of flooding during the evaluation, and you can purchase or lease the property with an informed knowledge of the risks. Avoiding a property in a high-risk area is a solid method of preventing commercial flood damage.
Start Floodproofing Commercial Buildings
There are a variety of floodproofing methods that can be applied to commercial buildings. Door and window barriers can prevent water from seeping into the gaps. Waterproof sealants have a base made of polymers such as latex or silicone that create a nonporous outer coating. These can be applied to the exterior of buildings, heavy machinery, company cars, and other property that needs to avoid damage from flooding. Floodproofing commercial buildings is an excellent method of commercial flood protection.
Create a Flood Emergency Response Plan for Your Business
It’s important to have a protocol in place for weather-related emergencies like rainstorms and hurricanes that could lead to flooding. Flood insurance can also be greatly beneficial if you’re in an area where flooding is a frequent problem. There should be a designated team of individuals that will help you set up commercial flood protection methods.
TrapBag flood barriers are designed with rapid deployment capabilities, so they’re perfectly suited for emergency use during flood warnings. Users simply need to install the bags along the bank of the body of water or around the site they want to protect, and then fill it with a fill material of their choice (sand, washed gravel, or concrete).
Get Flood Protection with TrapBag Commercial Flood Barriers
Don’t delay the opportunity to protect your commercial building from flooding. Our commercial flood barriers are state-of-the-art and have helped save countless companies from the disastrous impacts of commercial flood damage. Order TrapBag products today and become a proactive force when it comes to commercial building flooding. We’re a rapid deployment solution for flood prevention.