They are business survivors — owners whose small companies withstood the Great Recession that forced thousands of others out of business.
LEAVING THEMSELVES VULNERABLE Most U.S. small businesses aren’t prepared to cope with a disaster, severe weather or the absence of most of their workers.
Harvey, Irma and Maria have taught small business owners that disaster planning is more than just evacuating and trying to mitigate physical damage — it’s also about the “what ifs.”
Small businesses with customers or suppliers along the Gulf Coast and in Florida are feeling the financial impact from Hurricanes Harvey and Irma.
After Hurricane Katrina hit New Orleans in 2005, an antique store needed more than six years to fully recover.
CONSTRUCTION JOBS GO BEGGING Construction firms are having a hard time finding workers and expect the situation to persist over the next 12 months.
With the animals sent to safety before Harvey hit, the owners of CityVet in Houston kept watch on their empty practice by security camera, hoping not to see floodwaters rush in.
BAD ECONOMY, GOOD TIMING The best time to start a business may be right after companies crash and burn.
Is the glass of small business lending half-full or half-empty? Banks and government data point to a recovery in small business loans since the recession, with loan figures nearly back to their 2008 levels.