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Nearly 44 percent of small firms are operating without a business continuity strategy in case of disaster, and almost two-thirds have never even spoken to their insurance agents about contingency planning, a survey by Travelers revealed.
The survey--conducted last month at the U.S. Chamber of Commerce America's Small Business Summit 2010, in Washington, D.C.--found that risk prevention is often not "top of mind" among the 101 small-business owners queried, who are instead focused on sales and marketing opportunities, explained Robyn Hahn, vice president of marketing research and development with Travelers.
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