How to Handle Cash Flow When Disaster Strikes

http://www.entrepreneur.com/article/225818

Q: How do you handle cash flow when natural disasters or other forces beyond your control cause you to temporarily shut down your business?

A: Having lived through the devastation of Hurricane Sandy at the Jersey Shore, I have given this matter much thought recently. As I write this, businesses all around me are still struggling; unfortunately, many won't figure out the answer. A sober estimate from the American Red Cross says 40 percent of businesses shut down by a natural disaster like Sandy never reopen. Ouch.

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