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

11 Scopus citations

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
Early online dateSep 17 2020
DOIs
StatePublished - Mar 2021

Bibliographical note

Publisher Copyright:
© 2020, Springer Science+Business Media, LLC, part of Springer Nature.

Keywords

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

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