The Chief Minister says talks will take place with property owners to gauge the extent of the flood damage on Friday.
There was damage around the Island during the storm surge with Ramsey and Castletown particularly badly hit.
Allan Bell was in his constituency during the floods to witness the extreme weather.
Speaking from Parliament Street, he said authorities and government will hear what business owners are facing:
Chief Minister: I hope that cabinet reshuffle can 'stop the fighting'
20mph, Local Government (Amendment) Bill and minimum wage all represent 'ongoing clashes'
MNFU implores Tynwald to 'include the industry in its considerations regarding employment'
'It would appear that agriculture or agricultural related business have not been considered - again'
Afternoon sailings cancelled due to adverse weather
It's as forecasters warn a 'southeast wind will strengthen this evening'
Former chief minister says government should be 'service first cost second'
Tony Brown believes new ministers will have to work quickly to make change
'All Island Bluetongue restriction zone' introduced
BTV antibodies identified in cattle on a Manx farm