The Effect of Cash Flow Problems and Resource Intermingling on Small Business Recovery and Resilience After a Natural Disaster

Renee D. Wiatt, Yoon G. Lee, Maria I. Marshall, Virginia S. Zuiker

Research output: Contribution to journalArticlepeer-review

Abstract

This study investigated the implications that cash flow problems and resource intermingling between the family and the business had on small business recovery and resilience after a natural disaster. This study contributed to the literature by studying the impact of cash flow problems and resource intermingling on small businesses in two separate periods: right after the natural disaster (period 1) and eight years after the disaster (period 2). Period 1 determined whether the business was in operation directly following Hurricane Katrina. Period 2 investigated success of the small business after Katrina (compared to pre-Katrina success). Results showed that cash flow problems and resource intermingling did not affect operational status directly following Katrina, but did play a role in business resilience in the long run.

Original languageEnglish (US)
Pages (from-to)203-214
Number of pages12
JournalJournal of Family and Economic Issues
Volume42
Issue number1
DOIs
StatePublished - Mar 2021

Bibliographical note

Funding Information:
This article is based upon material from the Purdue University Project “Small Business Survival and Demise after a Natural Disaster”, supported by NSF Grant #0856221-CMMI and “Small Business Disaster Recovery Process: An Analysis of Rural Communities in Mississippi” supported by USDA-NIFA Grant # 2011-67023-30609.

Keywords

  • Bootstrapping and resource
  • Cash flow problems
  • Intermingling
  • Natural disaster
  • Recovery and resilience
  • Small businesses

PubMed: MeSH publication types

  • Journal Article

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