Disaster ManagementFor Your Business
The reason why sometimes small businesses are very unfortunate when it comes to huge trials is because they are the most affected ones when these trials come to conquer them, and it can be very much of a pity on them. These small businesses unfortunately lack all of the necessary means in order for them to be able to cope up to the changes that these disasters can bring to their operations and management, and some of them even lack some contingency plans.
The impact of this Hurricane Irma
Apparently, the hurricane Irma has damaged a lot of lives, from residential houses to businesses here and there. More than at least seventy people has lost their lives from the hurricane and the economy of the country has been struggling ever since the disaster happened, making the Goldman Sachs slash their own GDP growth. Because of the tragedy that this hurricane has brought to the country, the small businesses that were supposed to be running just smoothly now have to suffer a lot from the damages, and most of them will be struggling to move on from it.
For those businesses that have been unfortunate enough to be directly hit by this tremendous hurricane had also suffered a lot of floods, some structural damages on them, and some problems when it comes to electricity. The hurricane has basically not only made those people and businesses it directly hit to suffer, but it has also affected those others that were not even brought about by its power, making it a really scary and severe hurricane for the people.
Some emergency loans we could make use of
Helpful people have also created some ways on how the ones affected can still continue their lives and live normally despite what has happened, like those emergency loans they had from a program based in Florida, but the thing is these loans were not enough to resurrect all of the revenue that was lost from the disastrous hurricane.
The federal government has also extended its hand to help those in need by creating some funding for the people who were greatly affected by the storm. The US Small Business Administration has also found ways on how they could extend their help to their fellow businessmen that had suffered severely and incurred many losses from the incident through loans. For those businesses that have incurred several damages from the terrifying hurricane and would want to start over again, they are given a privilege to apply for these different loans and be granted one or some if they adhere to apply before the ninth of November.