Consider the viability of your business after a natural disaster

Find out what financial assistance and support is available if you have been affected by a natural disaster.

If your business has been significantly affected by a natural disaster, you should consider the viability of your business. While many businesses reopen and operate successfully after a natural disaster, some do not.

When assessing the viability of your business, consider the following questions.

  • Do you have (or have access to) the finance needed to reopen your business?
  • Do you want to continue running your business?
  • How severely has the natural disaster affected you, your employees, your local community and local infrastructure?
  • Has the market for your products or services changed, decreased or increased?

It is also a good idea to review your previous operations and identify any areas that you can improve on. Learn more about business improvement.

Learn more about assessing the viability of your business.

Time to exit

If you decide not to re-open your business, your options may include:

Take the time to assess each option carefully. Before you make a final decision, speak to your business adviser or mentor and obtain specific financial and legal advice.

Ready to rebuild

If you have thoroughly considered all of your options and are ready to rebuild and reopen your business, find out about rebuilding your business after a natural disaster.

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