Know the Facts About Business Fires

6/6/2017 (Permalink)

Know the Facts about Business Fires

According to the U.S. Small Business Administration, as many as one in four businesses that suffer some kind of major disaster do not reopen afterward. It’s true, overcoming a major loss is extremely difficult, but with the right restoration company and team on your side, working hand-in-hand with your insurance company, the chance of your Indianapolis-area company surviving is pretty high!

Depending on the size of the fire, and the amount of damage, some businesses that have come to Total Restoration for help have reopened just days after the fire happened. Thanks to innovations in smoke odor removal, fire damage restoration, and cleaning in general, it is possible for crews to start work nearly immediately after the fire department clears the scene, and have things back up and running in no time. Although, again, that all depends on the severity of the fire. But no matter the severity, recovery is possible!

According to the National Fire Prevention Association, U.S. fire departments responded to about 3,300 office property fires per year between 2007 and 2011. Those fires resulted in about $112 million in property damage each year, and most were in business offices – and happened during business hours. However, the good news is the number of business fires was down a whopping 71 percent from 1980 to 2011.

Here are some other stats from the NFPA:

Time of Day

• Peak time of day for office fires: Noon – 2p.m. (a.k.a. lunch time!)
• 69% happened between 7 a.m. and 7 p.m.
• The 31% that occurred between 7 p.m. and 7 a.m. caused 67% of recorded property damage, because they went undetected longer. This also highlights the need for automatic detection equipment and working sprinkler systems.
• 19% of fires happened on weekends.

Cause of the Business Fires

• 29% were caused by cooking equipment. However, just 6% of these fires caused actual property damage.
• Intentionally-set fires caused the most direct property damage – 21%.
• Electrical equipment is the second leading cause of office fires.
• Just 2% of office fires start in a concealed space like an attic, in the ceiling, or in another conceals space. However, these fires accounted for 13% of the direct property damage.

Containment & Putting it Out

• 4 out of 5 fires were confined to the room of origin.
• 90% of fires were large enough to activate sprinklers, which were effective 88% of the time.
• Deaths per 1,000 stores were 62% lower in offices equipped with sprinklers compared to those without.

Industrial/Manufacturing Facility Fires

The NFPA also has statistics specific to manufacturing facilities. According to their research, there are about 37,000 fires at industrial or manufacturing facilities each year, resulting in 18 deaths, 279 injuries, and $1 billion in property damage. Heating equipment and stop tools were the leading cause – sparking 28 percent of the fires. Mechanical failure or malfunction caused 24 percent of the fires.

The Best Way to Reduce a Business Interruption Following a Disaster to Your Business is to Plan Ahead for One

As many as 50% of businesses never recover following a disaster, according to the latest industry research. SERVPRO of Oldham/Shelby can help you plan ahead for a disaster to minimize business interruption by developing an Emergency Ready Profile (ERP) for your business before one strikes. An ERP provides important contact and building information needed to begin a timely mitigation to help minimize how water and fire damage can affect your business. Benefits of an ERP include:

-A no cost assessment of your facility which means there is no need to allocate funds, giving you a great value at no cost.

-A concise profile document that contains only the critical information needed in the event of an emergency. It will only take a little time to complete and will not take you away from current projects. But it will save a lot of time if ever needed.

-A guide to help you get back into your building following a disaster. This can help minimize the amount of time your business is inactive by having an immediate plan of action.

-Establishes SERVPRO of Oldham/Shelby as your disaster mitigation and restoration provider. You have a provider that is recognized as an industry leader and close by, when needed.

-Identification of the line of command for authorizing work to begin. This saves time so we can begin the work of mitigating the damage which can save you time and money.

-Provides facility details such as shut-off valve locations, priority areas and priority contact information. Having a quick reference of what to do, how to do it and who to call provides solutions in advance of an emergency so that during the emergency you are “Ready for whatever happens.”

Contact SERVPRO of Oldham/Shelby to schedule your FREE Emergency Ready Profile today. 502.241.6861