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The Importance Of Disaster Management

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. Unfortunately, the small businesses are usually the ones that are not very much prepared with these kinds of trials because of the lack of contingency plan, making them more vulnerable when all of these disasters try to conquer them.

Hurricane Irma’s Impact to the people

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. The impact of hurricane Irma was so strong that there have been some small businesses struggling to come past what has been done to them with regards to their resources and their people, making the whole tragedy a sad story for these small businesses.

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. Hurricane Irma was one of those really destructive hurricanes, to the point where even the ones that were not directly hit by it still had to suffer some problems almost the same as those it was intended to hit.

Acquiring of emergency loans

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.

There are also some funding that the federal government has made for the people to have some ways in order to survive despite the happenings. 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.

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