You never know when or where the next hurricane will strike the United States. You only know that it will. As Hurricane Florence violently demonstrated once again, it's vital that your business have a solid continuity plan in place for the worst-case scenario.
People tend to use the term "major disaster area" generically to describe any region where a calamity has occurred. But when it comes to relief, the Federal Emergency Management Agency has specific guidelines that enable the president to issue a major disaster declaration, releasing federal funds for assistance in the stipulated region. While much of the relief funding is used to repair public infrastructure, some can also benefit businesses, often in the form of loans through the Small Business Administration.
If a business needs to be completely rebuilt and will be offline for a while, its employees or contractors might be eligible for Disaster Unemployment Assistance. In addition, the IRS grants many businesses in federal disaster areas extensions on certain filing deadlines.