Prepare for the unpredictable with the right business insurance

Arizona entrepreneurs have many factors to consider when trying to create a comprehensive business plan that will bring short- and long-term success. Stability is essential, which is why having the right Arizona business insurance policy will help build a level ground that company owners can rely on.

Fox Business recently spoke with several business leaders who are still working their way back to a full recovery following Hurricane Sandy. The superstorm struck at the end of October last year, but many businesses in Lower Manhattan's historic South Street Seaport are still struggling.

Adam Weprin owns Bridge Café, New York City's longest-running bar. The building itself dates back to 1794, and Hurricane Sandy did not treat it kindly.

"All electricity was shot, all refrigeration was gone, we've pulled them out, all food, gone," Weprin explained to the news source. "Basically, the engineer came in and looked at the basement and said 85 percent of the wood in the basement – which is including support beams – needs to be replaced. That's now 100 percent."

Weprin added that the damages have totaled close to $300,000. New York City has offered grants up to $25,000 and Weprin explained that finding the rest of the money has been difficult and costly in its own way. Even so, the restaurateur said he is shooting to reopen in the late summer.

With the right Arizona business insurance policy, or even set of policies, owners can rest assured that any type of recovery process will run smoothly. Natural disasters are extremely unpredictable, especially when it comes to knowing how significant the damages will be. When owners can bounce back quickly, it will mean less time having the company doors closed.

 

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