The Alternative Board Can Help Small Businesses After Disaster

Small Business owners may not know where to turn after they have been affected by a natural disaster. Listed in this release are options to help them get back on their feet.

Westminster, CO, October 02, 2009 --(PR.com)-- Recent flooding in the southeastern part of the United States has slowed business and even temporarily caused some business owners to be forced to stop business temporarily while they put their efforts towards the clean-up process.

When disasters like this occur, it can be hard for business owners, especially small business owners, to get back on their feet without some assistance. If you are the victim of a disaster you may be eligible for financial assistance from the U.S. Small Business Administration.

The following are different types of assistance available from the SBA:

· Business Physical Disaster Loans – Loans to businesses to repair or replace disaster-damaged property owned by the business, including real estate, inventories, supplies, machinery and equipment. Businesses of any size are eligible. Private, non-profit organizations such as charities, churches, private universities, etc., are also eligible.

· Economic Injury Disaster Loans (EIDLs) – Working capital loans to help small businesses, small agricultural cooperatives and most private, non-profit organizations of all sizes meet their ordinary and necessary financial obligations that cannot be met as a direct result of the disaster. These loans are intended to assist through the disaster recovery period.

· EIDL assistance is available only to entities and their owners who cannot provide for their own recovery from non-government sources, as determined by the U.S. Small Business Administration (SBA).

Further information on these loans and the requirements for each loan can be found at http://www.sba.gov/idc/groups/public/documents/sba_homepage/serv_da_disastr_loan_factsht.pdf.

Another resource to help small business owners after a disaster is The Alternative Board® (TAB). TAB is an international provider of business coaching and peer advice. TAB can provide insight and advice to help small business owners get back on their feet when disaster strikes.

TAB is comprised of non-competing businesses owners who meet in a safe, confidential environment. Established in over 1000 cities worldwide, TAB Boards® meet in the business owner’s area once a month in a 'think tank' atmosphere. During a TAB Board meeting, owners receive the benefit of the collective experience of the board members, who offer practical solutions to business problems--not theories. Along with peer advice, TAB also provides each business owner with a personal business coach who they also meet with once a month and are able to further discuss issues that were presented in the board meeting or perhaps issues they didn’t feel comfortable bringing up to the board.

Benefits of being part of TAB include:

·Having a sounding board of other experienced business owners to bounce ideas off of
·An environment in which you share your expertise and help out other business owners
·A confidential atmosphere for you to share very sensitive information in—there may be issues going on in your business, such as finance problems, staff or HR issues, etc., that you can’t discuss with others in your company

For more information on The Alternative Board® or to find a board near you, please visit www.TheAlternativeBoard.com.

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Contact
TAB Boards International
Katherine Mangold
303-839-1200 x 148
www.TheAlternativeBoard.com
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