SmallBusinessNewz

This should be a reminder to all small businesses that many different kinds of assistance are available during disasters. When a disaster does sufficient damage to effect enough homes, businesses and government infrastructure in a given area declaration can be made, first at the State and then rising to the federal government. A “Presidential Declared Disaster” is more than just a press statement, it unlocks $millions in aide for the effected area for rebuilding through grants, loans, tax breaks for disaster loss and other forms of aid. When a disaster affects your business and/or home you should act immediately to apply for every assistance program available (State and Federal) and not wait for your insurance company to make an settlement. In many cases -not qualifying for one program can automatically qualify you for the next level of assistance and possibly from another agency. Even agencies that don't seem to fit your business on the surface may have programs that only apply during disasters (USDA, HUD, VA etc.) To help you case in any disaster or insurance claim: 1. Take a full set of digital pictures before and after the disaster (inside and out). (And before you start cleaning things up). Also take pictures as to clean and make repairs. 2. Make copies of all your important documents and PDF if possible so you can carry it with you. Include all your personal documents (birth certificates, Soc. Security cards, deeds, leases, licenses, tax records etc.) 3. Don’t expect your insurance company to cover more than 50% of your losses if you are successful. 4. You have the right to dispute and reassess your case with any agency, program or insurance company to get the best possible assistance. Over 50% of businesses do not reopen after a disaster. Up to 30% of business that do reopen fail with in a year because they were unaware of full extent of there loss. Hope this helps, prepared people when and if this happens to your business.