4 WAYS FLOODING CAN IMPACT YOUR BUSINESS

8/5/2022 (Permalink)

Flood in Business Establishment

Many businesses get hit by storms and floods are forced to be shut down for days, weeks or even months because of severe flooding. Thunderstorms, tropical storms, hurricanes and excessive rain are commonly recognized causes of floods. Flooding also occur due to overburdened or clogged sewage and drainage system, urbanization and dam failures.

 Floods can have impacts on business and although insurance can cover some of the costs, there are also costs that can’t be reclaimed.

How can floods affect your business?

1. Loss of Stock and Assets

Ninety percent of damage related to all natural disasters is caused by water damage due to flood. Company inventory, vehicles, belongings and belongings, nothing is immune. Business who don’t have the funds immediately replace these items will suffer major financial loos as they won’t be able to properly run and provide service to their customers.

2. Closing of Business Premises

Flood water entering a business storefront means the business will have to close its doors for weeks or months until its clean and safe for customers to return.

3. Loss of Power Data

Flood can cause to electrical equipment, the unstable power supply during a flood can also cause severe damage to equipment. This can cause massive losses as most equipment and tools can’t be used without power.

4. Loss of Revenue

During the aftermath of a flood, majority of business will have to shut their doors. This can cause several days or weeks of lost revenue until the company is able to reopen.

Time is not on your side. Property damage and loss from seeping water requires fast action. Don’t delay water damage cleanup. Ensure a fast and speedy resolution by contacting caring professionals at SERVPRO of Ventura. We can take care of any and all restoration needs from water damage and flooding. Call us at (805)656-3911.