Small Business Case

Can small businesses recover from significant disasters? The answer depends on a number of variables such as the size of the business, its location, its financial strength, and the direct and indirect effects of the event. Did you know there were approximately 22.9 million small businesses in the U.S. in 2002? Did you also know small businesses provide approximately 75 percent of the net jobs added to the economy or that they represent 99.7 percent of all employers? These are eye-opening statistics, but statistics can be somewhat misleading. To qualify as a small business, the Small Business Administration (SBA) has…