Once termed home inventory, this industry has evolved, and continues to grow, as inventory professionals discover additional purposes for a thorough record of the items that homeowners and business owners own. These items are interchangeably termed contents, assets, belongings, and personal property. This growth of inventory services, sometimes including consumables, encourages the more general term of “asset inventory” as a description of the entire industry.
In this course, Business Contents Inventory, a variety of inventory options is introduced. This enables the inventory service professional to develop and/or alter a business asset inventory process based on previously implemented procedures.
Insurance basics are provided to offer a general understanding of commercial insurance. This enables the inventory professional to properly recommend when it might be beneficial for the business owner to discuss coverage with their insurance agent.
In addition to disaster preparedness, there are many other business activities which require a thorough and up to date document of personal property. These include placing items in storage, tracking inventory, applying for a loan, preventing unnecessary purchases, and preparing for a buy, sell, or merger. You will be introduced to each specific type of contents inventory, along with details of the reasons for this documentation.
Additionally, this course material reinforces best practices, which support the National Inventory Certification Association Code of Ethics.
Lesson 1: Business Inventory
- Asset Inventory Definitions
- Business Needs for A Contents Inventory
- Insurance Basics
Lesson 2: Determining Your Inventory Process
- Getting Started – Standard Office Equipment
- Determine Your Process
- Photographic Record
- Written Document
- Tools of the Trade
Lesson 3: Providing Your Business Inventory Service
- Establish Your Inventory Routine
- The Finished Product
- Additional Inventory Services
- Documenting Assets Other Than Personal Property
- Best Practices