Hurricane Sandy

Tips for Disaster Recovery for Small Business Owners

Hurricane Sandy has caused severe damage to many local businesses. if you're a small business owner, here's some helpful advice for how to recover.

1) File insurance claims as soon as possible, if you haven't already done so. The National Association of Insurance Commissioners offers important advice and tips for filing your claim. The National Flood Insurance Program also provides information on filing a flood insurance claim. 2) The SBA offers several low-interest, long-term disaster loans to small businesses in declared disaster areas, including business physical disaster loans and economic injury disaster loans. You can apply for loans up to $2 million for both uninsured and underinsured damages. You can apply directly online. Once submitted, the SBA will send an inspector to estimate the cost of damage. 3) Apply for tax relief if needed, which will allow for expedited returns or …

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The American Entrepreneurial Dream is Still Alive

SCORE assists locals in the first steps in creating their own small businesses.

The current economic situation in America has disappointed hundreds of thousands of people. Many have been left without jobs, wondering what to do next.  Some have remained unemployed, some have taken temporary jobs, and some have thought of abandoning the system to start their own business. SCORE, a nonprofit association dedicated to entrepreneurial education, showed about twenty local “dreamers,” the first steps in making the decision to start their own small business at the Monmouth County Library Eastern Branch in Shrewsbury. “With the declining job market, we have a lot of people who have been displaced.  We are helping them fulfill the American entrepreneurial dream,” Joseph Romano, SCORE 36’s Chapter Chair, said in an interview …

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Bianca Olivadoti

10:13 pm on Sunday, April 10, 2011

Marjorie, it is so true! My mom too owns her own small business, and she has to take out the trash herself (unless of course I come in for the day, and then I have to do it)!   more ›