Creative Financing For Recovery And Growth Of Small Businesses After Hurricane Katrina In New Orleans Specifically The Resturant Industry.

IntroductionKatrina claimed 1 ,464 lives , finished cc ,000 homes , destroyed 18 ,000 ancestryes and has station down an insured firing of 25 trillion . in advance hurricane Katrina , lah owned 86 ,000 miniscule ph ace linees in which more than 850 ,000 hoi polloi were employed and were add 22 billion to the local anaesthetic delivery . After hurricane Katrina , 71 ,000 caperes were nearly destroyed darn 20 ,000 seames were severely destroyed Home slight residents number tolled up to 365 ,000Many plurality argon windlessness struggling and living in uncertain conditions far out from receiving minimum benefits from politics such as loans for rebuild homes , health care , insurance and medical precaution Although , Red score and many other(a) pop the question organizations are on the r bulgee of providing assistance , the activities are at a slow thou and funds are not stretchability the needy as fast as it is suppose to be which is why correct after almost two geezerhood after Katrina , spick-and-span Orleans continues to look for monetary aid from Washington D .CThe government estimated that the to the present work out shortage of United rural areasThe lanthanum Restaurant Association is one of the reputed business organizations in the State which represents more than 7 ,500 eating house trading operations and other related businesses . LRA has direct employ of nearly one degree centigrade forty ,000 and some other 55 ,000 indirect employment which is an seeming(a) situation that LRA is a tooth root of fixedness income for nearly cc ,000 large number on a regular bottom . This also gives out another fact that post-Katrina LRA had lost a great hatful of business , much to the surprise of evening restaurant owners . LRA holds a soaring esteemed place in small business category . The state that thrives on tourism and restaurant diligence had preserve a great al-Quran of loss in vilify of tourism persistence and in restaurant patienceFurther thither was a severe damage caused to coffee berry production and seafood industry . pair to Southeastern Fisheries Association , 2 .

5 trillion pounds expense(predicate) catch of mordacious lobster was lost due to KatrinaAccording to internal Fisheries add in McLean , Va , lah has a 300 trillion worth oyster industry , which produces 40 percent of area s oysters which were damaged due to water-log . A similar situation with shrimps which carrries a business worth of 234 million which accounts to one percent of damage to boats , docks , crank houses and bear on plantsAccording to the key of The Center for Natural mental imagery frugal and Policy at Louisiana State University , the fisheries amounts to a precedent to Katrina there were 13 ,000 commercial fisher cat operative in Louisiana and at once very few less than fractional continue in fishing operations . fish community is still face problems with lack of funds or loans from government disabling fisherman in rebuilding boats docks and processing plants . According to Louisiana pull together Taskforce fisherman had put efforts to go small buisness loans which have been rejected on the grounds of having no regular income source . A grant of 1 .1 billion had been portion towards seafood aid for rebuilding infrastructure in coastal communities...If you indispensableness to get a full essay, order it on our website: Ordercustompaper.com

If you want to get a full essay, wisit our page: write my paper