Everyone loves seeing the landscape covered in beautiful white snowflakes dont they?
The fluffy white stuff brings back child-hood memories of days off school sledging (for those old enough to remember that) and warming up with a cup of hot chocolate inside afterwards.
Thats great when you are young with no commitments, but what about when you are a business owner or manager with a commercial concern to operate?
According to statistics, snow in the UK costs businesses over £1.2billion per day in lost revenue with over two-thirds of British businesses suffered duistruption or had to close due to adverse weather conditions last year.
Retail and Hospitality sectors are normally the ones reporting to be worst affected as consumers choose to stay home rather than struggle with communiting in bad weather.
However, it’s not only customer facing industries that are likely to be affected by severe snow. All employers without business insurance could begin to see an effect on their profits, as employees across the UK struggle to make it into work. With more schools closing every day, increasing numbers of parents are unable to find suitable childcare, while public transport is struggling to cope with snow and ice, leading to unusually high levels of absence in the workplace.
For updates and to plan for the snow and bad weather see the Met Office website http://www.metoffice.gov.uk
