Fri, 19 October 2018
FB Twitter Rss
Advertisement
Mon, 30 April 2018 17:18:15

Rea & Associates Publishes 'Burning Down The Burtons' A Story Of Disaster And Rebuilding

Dublin accounting firm publishes 'Burning Down the Burtons' the story of a small Central Ohio business that successfully rebuilt and recovered after a fire.

Rea & Associates recently announced the publication of its latest informative, client-oriented story, “Burning Down the Burtons.” According to the company, the short article, which can be found at www.reacpa.com/rea-real-story/burning-down-the-burtons , tells the story of Burton Metal Finishing, a small manufacturing company in Central Ohio that was forced to rebuild after a fire in 2013.

Throughout the narrative, Victoria Burton, the company’s co-owner and CFO, explained that the 2013 fire was devastating to Burton Metal Finishing. Not only did the family business have to rebuild its facilities, it had to rebuild its customer base as well. Burton said Burton Metal Finishing lost 96 percent of its client base in addition to losing its primary building and equipment. According to Dave Cain, the company’s Rea & Associates CPA , business interruption insurance was vital to Burton Metal Finishing’s ability rebuild.

“Business interruption insurance helped subsidize the portion of our revenue that was lost as a result of the disaster,” said Burton. “If we didn’t have business interruption insurance, we could not have kept our employees employed.”

A spokeswoman with Rea confirmed the importance of business interruption policies for businesses, especially small businesses.

Today, according to Burton, the company is thriving once again. Burton Metal Finishing has rebuilt and updated its facilities to accommodate new fire prevention standards. The company also regained more than half of its initial client base, and continues to gain new clients, reported Burton.

The story goes on to restate that none of this would have been possible without business interruption insurance, which Rea recommends for other business owners. Further details can be found at www.reacpa.com/insight/episode-61-you-can-burn-down-the-burtons/

 

Link to Source:
http://www.datsyn.com/press-release/36743/2018/04/30/Rea-Associates-Publishes-Burning-Down-The-Burtons-A-Story-Of-Disaster-And-Rebuilding

 

LOGIN TO POST ADS

Free Registration
Username / Email
Password
  • Forgot your Password?
  • Create an Account
  • Latest News

    Your Marketing People Scholarship -..
    on 18 October 2018 16:48:22
    ORANGE COUNTY, CA - Southern California based marketing firm, Your Marketing People, is offering a $
    Psychology of Light More Important ..
    on 18 October 2018 00:38:20
    Psychology of Light More Important Than We Realise Says Electrical Professional EJ Barnes, propriet
    Anxiety treatment in cape town offe..
    on 17 October 2018 00:03:42
    Self development entrepreneurs & people who suffer with anxiety looking for the latest informati
    Get The Best Glendale Basement Wate..
    on 16 October 2018 04:39:35
    Weinstein Construction Corp, a Los Angeles - based construction contractor, updated its services to
    Improve Web Presence & Increase Inb..
    on 15 October 2018 03:16:25
    Online Paradigms, a leading digital marketing firm in Dublin, has announced it can help local compan

    Latest Classified Ads

    Suport and Contribute for The \"B..
    on 07 November 2017 17:35:15
    We are seeking funding to make a movie dramatizing what would happen if elections were hacked.&nbs..
    Power Bank 20000mAh Slim aluminum a..
    on 12 January 2017 18:51:46
    Power bank 20000mAh Slim Aluminum Alloy mobile battery charger with electronic digital display ..
    Solar Battery charger..
    on 12 January 2017 18:51:15
    Solar battery charger –  10000mAh Solar battery Power Bank charger With Fold-able 4 Solar..
    Portable Car battery jump starter..
    on 12 January 2017 18:41:49
    Portable car battery jump starter  power bank 12000mah, emergency Multi purpose battery charger..
    Wireless Charger 10000mah Power Ban..
    on 01 January 2017 17:07:54
    Wireless Charger – 10000mAh Polymer lithium-ion QI wireless power bank for sams..