The list could go on and on. And by now you're probably wondering why an inventory services provider would be asking this question. Well, it's because one of our customers (before he was a customer) spent $25,000 on tools - a 2nd time! He thought he remembered what he owned, but when the insurance claim was settled after a theft, he added everything up and found that his $20,000 settlement was way short of his $45,000 loss.
I'm sure he would have preferred spending that $25,000 on something much more fun (or not have spent it at all). How about you - what would you have to not buy if you had to file a claim and couldn't recover financially?
By the way, his inventory service only cost him less than 10% of his $25,000 loss. Quite a nice ROI ... IF he had the inventory before the theft! But now that he has an inventory, and we'll update it annually, he's assured of not having that type of loss ever again.
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