A relatively small investment of time and money now may prevent severe damage and disruption of life and business in the future.
More Quotes from Carol Chastang:
Be a little pessimistic now, and assume it can happen to you. Develop a disaster plan for your home or business now so you can rest a little more easily in the future.Carol Chastang
Consider business interruption insurance that assists you with operating needs during a period of shutdown. It may help you meet payrolls, pay vendors and purchase inventory until you are in full operation again.
Carol Chastang
Every area in the country is subject to some kind of disaster - flood, hurricane, earthquake, to name a few. Even man-made disasters - oil spill, civil unrest, fire - can devastate the surrounding neighborhood and economy. Even though an area has never been damaged before, there is no guarantee that it will not happen tomorrow.
Carol Chastang
There is no way to avoid a natural disaster from occurring. You can, however, take action to avoid the most devastating damage that your business may face.
Carol Chastang
Make it a regular annual procedure to review and update your insurance. Also remember that insurance on mortgaged property probably only covers the lender with nothing left over for you.
Carol Chastang
One lender could have been really strict and specific about the borrower providing the documentation to prove that they were affected by the Sept. 11 attacks, and another banker may not have, or may have had ulterior motives for approving loans.
Carol Chastang
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The American who first discovered Columbus made a bad discovery.
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