Hurricane watch: 40% of small businesses don’t reopen after a disaster

One of the hard lessons many small businesses are learning after the devastating impacts of Hurricanes Harvey and Irma is that a disaster plan is essential — even if you think you’ll never need to use it.

According to the Federal Emergency Management Agency (FEMA), almost 40 percent of small businesses never reopen their doors after a disaster. Recent data from a CNBC/SurveyMonkey Small Business Survey also shows that most small business owners don’t spend too much time thinking about the environment as a critical factor.

Read more at CNBC.com: Hurricane watch: 40% of small businesses don’t reopen after a disaster

Advertisements