How to Prepare Your Business for A Natural Disaster
October 22, 2024 | Last Updated on: October 22, 2024
October 22, 2024 | Last Updated on: October 22, 2024
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Businesses and residents of multiple states have been negatively impacted in recent weeks, causing billions of dollars in damages and losses for communities across the South and East coast. Rebuilding efforts have started, but the reality is much bleaker for many small businesses. Disaster loans have recently dried up from the SBA, and Congress will not be back in session for a few more weeks.
Unfortunately, this could lead to further businesses not making it through the aftermath of the storm. Historically, a large swath of businesses that experience a large natural disaster never come back from it, according to FEMA. But there are things you can do to mitigate and prepare if or when the next natural disaster occurs.
Here’s what you need to know.