There are many sources of funding for individual households and larger private entities for disaster preparedness. Nationwide Insurance stated that 68% of small businesses do not have an adequate disaster preparedness plan that would help them sustain their business if a disaster did occur. This lack of planning capacity concurrently increases their exposure to disasters and their reliance on grant and aid funding after the events. In addition, these small businesses are often ineligible for relief financing that is targeted at the household level
In this essay, you are to answer the following questions in 400-600 words:
1. Identify sources of post-disaster recovery funding available for small business on the local or federal level
2. Based on those identified sources, make an argument for what top three sources of funding should be used/applied for first
3. Why would you choose those sources of funding
4. How would you apply for that funding if you were a small business
Requirements:
* There should be an introduction, body, and conclusion
* Each question above should be a separate section
* You should be able to answer these in 400-600 words
* Be direct but don’t leave out detail
https://thehill.com/opinion/energy-environment/427205-financing-catastrophe-4-ways-we-pay-for-disasters
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