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Sam 489 7 - Assignment Example

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Apparently, various resources are available to small businesses following a regional disaster. A preparedness plan includes such…
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Sam 489 assignment 7
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Download file to see previous pages A discussion on the temporary service changes or modifications that might be necessary after disaster recovery is also important.
Disaster is unpredictable. Even the most prepared businesses or organizations are prone to the adverse effects of disasters. In case of disasters, various agencies aid small businesses in disaster recovery. Such agencies include U.S. Small Business Administration (SBA), Federal Emergency Management Agency (FEMA), Farm Services Agency (FSA), Small Business Development Centers (SBDC), and other state agencies (Haddow, Bullock, & Coppola, 2011). The Federal Emergency Management Agency aids small businesses in disaster recovery through the provision of food, rescue services, water, housing, electrical power, and other basic resources (Federal Emergency Management Agency, 2015). Indeed, FEMA provides temporary housing for small businesses like the gymnasium for a limited period. The agency also offers financial support to repair the damages caused by the disaster on small businesses not covered by the insurance (Wells Fargo Bank, 2013). FEMA also replaces destroyed buildings if such buildings were not under any insurance cover (Federal Emergency Management Agency, 2015). The agency can also provide direct assistance to support a permanent or semi-permanent construction of businesses affected by disasters (Wells Fargo Bank, 2013). Ultimately, the agency offers financial support for other expenses and severe basic or business needs emanating from the disaster. Other services covered by FEMA include crisis counseling, disaster unemployment assistance, legal services, and special tax considerations for affected small businesses (Haddow, Bullock, & Coppola, 2011).
The Small Business Development Centers (SBDC) also aid small businesses in disaster recovery. Indeed, SBDC offers confidential assistance to affected businesses after a disaster (Haddow, Bullock, & Coppola, 2011). The U.S. Small Business Administration funds Small Business ...Download file to see next pagesRead More
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