The Importance Of Disaster Management
There are lots of disasters that affects our business endeavors and our lives in general, and some are very much inevitable despite our efforts, and the most affected ones of these disasters are usually the smaller businesses. Small businesses even up until now still lack some contingency plans that could save them a lot when it comes to dealing with disastrous happenings, which is why they are basically more prone and at risk to losing so much more than those who are prepared.
The impact of this Hurricane Irma
Hurricane Irma was one of the worst hurricanes that had ever stepped on this earth in the past few years and in the past century. Many people have died from the disaster and the economy of the United States Of America has counted the cost since the Goldman Sachs had slashed its GDP growth through the hurricane’s tremendous hit. 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.
A lot of small businesses and even some bigger ones who have been hit directly by this intense hurricane had unfortunately suffered through some floods, severe structural damages, and constant power outages that made it almost impossible for them to rise again. Needless to say, even those people and businesses that were not directly affected by the hurricane still had to suffer a few problems here and there, making the whole impact of the hurricane really a horrific one.
The emergency loans we could all get
There have been emergency loans being offered here and there, like those ones from the Florida Small Business Emergency Bridge Loan Program, that has somehow helped those who are in need of money after the damage, but apparently, these loans could never make up for the lost revenue that has been done because of the tragedy.
Fortunately, the federal government has also done its part of helping the victims of the incident, and has found ways on how the affected can still move on despite what has happened. The small businesses also received help from the US Small Business Administration through the means of being given access to different economic loans and emergency loans that they could use in order to let their shattered business live again and survive. 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.