Aero Financial Helps Businesses Plan for All Contingencies

NEW YORK, NY, August 15, 2012 (Press-News.org) Owning a small business can be all-consuming. For many small business owners, the business is everything--the accumulation of an entire lifetime of hard work, experience, and dreams. According to a sobering new report from Foster's, however, all of this can be undone in a heartbeat. The Fosters report urges business owners to remember the possibility that a natural disaster or unplanned-for catastrophe could essentially wipe out the entire business, and that no company should operate without a contingency plan. The report has prompted the attention of Aero Financial, a San Diego firm that provides financial and managerial services to businesses all over the country.

The Foster's report notes that, in a season that has produced an abundance of unusual and extreme weather patterns, more and more companies are considering the consequences of natural disaster. The report notes that many businesses across the country have lost their facilities and physical assets to storms and floods, and in many cases, insurance is unwilling to cover much of the damage. What is more, many companies are simply not prepared for these major, emergency expenses, and are unable to even begin the process of rebuilding, or of recouping their losses.

The article drives home this point by noting that, over the past year and a half, "the U.S. Small Business Administration has approved more than 2,400 business disaster loans," for an amount that totals an astonishing $372 million.

The report has caught the attention of Aero Financial, a San Diego firm that invests in smaller companies and helps them improve their own financial and managerial structures. The company, which offers an array of accounting and other financial services for small business, has weighed in with a statement to the press, offering its own assessment of the need for small businesses to have contingency plans--and to review those plans on a regular basis.

"As the old adage states, you don't want to put all of your eggs in one basket," says Aero Financial CEO James Price, in the company's press statement. "The same is true in business. Companies must do annual audits of their contingency plans to make sure all of their bases are covered in case of any positive or negative changes in the market segment they operate in." Aero Financial's accounting services include these important annual audits.

These changes may include the direct effects of a natural disaster or inclement weather, but they may also include less direct effects, such as disruptions in the supply chain, changes in insurance policy, and more.

ABOUT:

Aero Financial is a company passionate about the entrepreneurial spirit, and founded on the idea that entrepreneurship is what drives innovation and forms the backbone of American business. As such, Aero Financial is zealous for leveraging its years of business experience to provide unique solutions for companies of all sizes and in all industries. The company provides services in online marketing, payroll consultation business valuation, reverse mergers, business plan development, sales channel development, and more. Aero Financial is devoted to providing business solutions as effectively and as efficiently as possible.

Website: http://aero-financial.org/