‘Too much loss from the rain.’ How businesses are coping — or benefiting — from recent storms
LOS ANGELES — Southern California’s seemingly endless parade of storms has been disastrous for some businesses: most infamously, the Royal Paper Box Co. in Montebello, which lost its roof last week during a rare tornado.
With more rain forecast for Wednesday, businesses that operate outdoors or rely on in-person customers are bracing for another financial dry spell. That includes many restaurants and carwashes, where workers are struggling with sharply lower income.
For others, the storms can mean an operational boost. If you’ve tried to get a roofer to call you back lately, you know what we’re talking about. But delaying outdoor work for sunny days can eat into profits.
“Our small businesses are living climate-related risks acutely for the past four months,” said Kristen Jaconi, executive director of USC’s Peter Arkley Institute
You’re reading a preview, subscribe to read more.
Start your free 30 days