home > news Small Business, Big Disaster (BusinessWeek Online)

Small Business, Big Disaster (BusinessWeek Online)




BusinessWeek Online - Lisa and Robert McIlwain are living a business owner's nightmare. It started when a tornado with 157 mph winds ripped through Fun Zone, their Montgomery (Ala.) skating rink and family entertainment center on Nov. 15, 2006. Although the 31 children and 11 staff members trapped inside the center survived, the 50-employee, $2.5 million business was wiped out. Fun Zone was the only source of income for the couple, who have six children. Their insurance payment went to pay off the mortgage on the damaged property.


Click Here to read the entire article...



Find this article in Google
Yahoo! News: Personal Finance News
- Copyright (c) 2008 Yahoo! Inc. All rights reserved.
Powered by RSStatic and CAD Website Design - Website Development, Hosting and Marketing - version: v0.1.4 build A