|
We take the time to understand your business and identify critical assets. Without an inventory, it can take 4 to 12 months to list everything you own and get through the claims process. If you have an inventory, and a fire, theft or natural disaster does happen, your initial claim can be quickly submitted within 24 to 36 hours.
Disaster preparedness/recovery isn't the only reason you need an inventory for your business. If you are seeking a loan or Line of Credit, your bank will most likely ask for a list of assets and their total value. Presenting your portfolio will provide the information they request, and show favorably that you have this detailed record. Additionally, a 3rd party documentation of assets prepared for sale or purchase of a business helps create the full picture of total assets.
|