Small businesses face financial risks during hurricane season

As hurricane season begins, small business owners in Florida and the Southeast face significant risks to revenue, operations, and supply chains. A March 2026 survey by TD highlights a critical gap in financial readiness among small businesses.

In South Florida, 88% of small businesses reported having six months or less in emergency savings to cover operating expenses. Experts suggest that building an emergency fund or securing a line of credit is essential to provide liquidity during temporary closures, delayed customer payments, or unexpected repair costs.

Effective preparedness requires more than physical protection; it necessitates comprehensive business continuity planning. This includes developing contingency plans for employees, maintaining updated contact information, and determining how to operate if physical locations become unavailable.