Equipment and machinery represent some of the largest costs for farm operations. And, following a theft, disaster, accident or other loss, your business could face steep repair and replacement expenses as well as costly disruptions.
As such, it’s crucial for you to protect your investment by creating an inventory system to track key equipment and assets. Doing so ensures your company has complete records of its most valuable tools, streamlining the claims process in the event of a loss and minimizing the potential impact to your business. What’s more, an inventory system can bolster equipment maintenance programs, helping identify tools and machinery that are up for inspection.
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