A safety deposit box or even a locked drawer in your office would probably work for an off-site location. When you have completed your home inventory, store a paper copy and a digital copy in a secure location outside of your home and/or in a fireproof safe. Record a quick video clip of each room in your home, and store the video clips and digital photos on a flash drive with your inventory. You might even want to do a walk-through video. Taking photos of your property for your home inventory will make working with your insurance company go a lot smoother. For insurance purposes, it would be better to list each item separately so that you can include the price, serial #, and model # for each item. Some of the descriptions in the inventory list, like "Electronics", are just placeholders to remind you to include your electronics. Īrticle Source: ArticlesBase.The Inventory Spreadsheet includes some of the common locations and items that you might want to consider when creating your own inventory list. She and her husband Mike are also owners of Hartman Inventory Systems, LLC, a company that provides assistance to entrepreneurs who want to establish their own home-based inventory business. About the Author:Ĭindy Hartman is President of Hartman Inventory, LLC, a business and home inventory service provider. Hiring an inventory service to compile that information is a great way to be proactive. Though natural disasters, thefts and fires continue to steal, destroy and damage our personal property, everyone can at least take responsibility to recover properly. There is no right or wrong process only one’s preference. Written reports are on spreadsheets, special software or sometimes in a dialog format. Video cameras are preferred by some, while others take digital still photos. Others extend their inventory services into the retail market.ĭocumentation processes are also different. Some providers serve only the residential market while others offer their asset documentation to commercial clients as well. You’ll find some who are a one-person operation, while others work as a team of two. Some have chosen to work their business on a part-time basis while others have chosen to develop theirs as full-time. There are a variety of business models for the home inventory service industry. This eliminates the need to pull funds out of their investments to recover the damaged or destroyed items that weren’t replaced by their insurance. The inventory will help secure their financial future by enabling them to recover properly from their insurance policy. Having an inventory is beneficial to them for the already stated reasons, but also in case they experience a disaster. Secondly, many boomers are completing their own estate planning. Either way, they are learning that it is best to have the inventory documented prior to one’s death. First, many are either assisting their parents with estate planning, or are executors of their parents’ estates. This group of the population is focusing on estate planning. The baby boomer generation is also a factor in the increasing number inventory services. Many also know they won't keep their inventory up to date, so having a professional service provider keep track of this information is worth the investment. For the same reason they hire a lawn service, painter or cleaning service, to name a few, people prefer spending time with family members and friends or on other interests. Zoho Home Contact Security IPR Complaints Anti-spam Policy Terms of. This has created more common knowledge of the need to have an inventory of the contents in homes and businesses.Īnother reason for this industry growth is that people just don't want to do the inventories themselves. Planning and tracking tool for scrum teams. I believe the main reason for this growth is due to the increasing number of disasters. In 2004, there were only about 20 service providers in the United States. The personal property inventory service industry is growing at an amazing rate. The People’s Program: the #1 Cash Gifting System on the Internet.Unemployment: a Catalyst for the Growth of Business Opportunities.Egypt Yellow Pages Publishes New Online City Guide Section.How Do You Create a Successful Business From a Legitimate Home Based Business Opportunity?.
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