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.
How Hurricane Irma impacted the lives of the people
Unfortunately, the impact of hurricane Irma to the people affected was a really intense and severe one that had made others get over it after long periods of time. 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.
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.
Acquiring of emergency loans
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.
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 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.