Are You Getting Sucked Into Competing On Price? An Old Concept with a New Strategy
Jun 20
by Biz Oppie

With all the homes destroyed in recent years, the need to keep an inventory of your home is obvious. People lose household items they forgot they had. With a good inventory list, you will fair much better with your insurance claim. We see three ways people are offering services in this area.

All of us have basically no idea of all the things we have in our house. No one keeps all of the receipts for things. With little documentation of property, the home inventory business moves in to help.

This business involves helping people create an inventory list. There are a few ways this can be done. This can be self-help, or a service that you provide. Let’s see what people are offering.

The first type of service that we will look at anyone can do as a home based business. Here you actually find clients who want to get an inventory list of what’s in their home. You will then photograph and categorize the important things in the house.

You will organize the pictures and forms into a folder for your customer. He then has everything he needs for an insurance claim. He should store this in a safe place, away from the home.

Another business that is being run in the home inventory area is selling a software program so the home owner can do everything themselves. This is a one time purchase.

Yet another way to do home inventory is through a website. Here, you use the software on the website to create and update your inventory file. You store your file with the website also.

This seems like a clever solution. You won’t lose your list. Your file is immediately in a safe place.

You can access your data anytime you want. Updates are easy because of this. You can make hard copies of your inventory as added security.

I think this is a great option. The website will have a subscription type fee structure. You pay for the use of the programs and storing your data.

People are a little bit lazy when it comes to things like this. When given a good solution though, many people see the need to inventory their homes. This can be a nice home based business to own.

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