Business Owners

As a relatively common, costly natural disaster, flooding can have a devastating impact on businesses. According to FEMA, 40% percent of businesses do not reopen after a disaster, and another 25% fail within one year. To avoid becoming another statistic, it is important for business owners to be aware of their flood risk, be prepared to protect the health and safety of employees and customers, and to take precautions to protect their business from the potential financial impact of a flood.

As a business owner, you may either own your own business space or rent it. This website has a wide array of options for property owners to reduce their flood risk. Business owners who are interested in reducing their business’ flood risk should evaluate their mitigation options and corresponding costs. Although business owners who lease their space are more restricted in what they can do to modify it, there are small scale mitigation actions they can take to reduce their flood risk. All business owners can benefit from moving critical functions such as communications and offices to higher locations.

Business owners can use this website to find out how to assess their flood risk, develop an Emergency Operations Plan, learn about their mitigation options for reducing flood risk, familiarize themselves with key information pertaining to flood insurance, and learn about post-disaster business recovery loans available after a flood.