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Tim Schuster discusses the need for proactive disaster planning for private businesses, as well as business interruption insurance.

Plan Today for Tomorrow’s Disaster

   

With Mother Nature in a particularly destructive mood lately, Tim Schuster, EisnerAmper private business services manager, discusses the need for proactive disaster planning. Tim gives us a few areas that businesses can focus on to protect themselves, keep their operations running and maintain financial stability.


Transcript

Dave Plaskow: Hello and welcome to The Bottom Line. This podcast examines the everyday business and finance issues faced by closely held and private businesses. We hope to provide you with news you can use and what we like to think of in a “jargon-free” zone. I’m your host Dave Plaskow and with us is Tim Schuster, a manager in EisnerAmper’s Private Business Services Group. In this episode we’ll discuss the very important topic of disaster planning. Tim, good to see you again.
Tim Schuster: Dave, it’s a pleasure to see you as well.


More Podcasts in This Series
Pair of New Laws Impacts NJ Workers and Employers

Tim Schuster, a manager in EisnerAmper's Private Business Services Group, discusses new NJ legislative initiatives happening in Trenton that you should be aware of. The first is the New Jersey Family Leave Act and the second is the increase in NJ's minimum wage.


Creating a Quarterly Planning Calendar

In this episode of The Bottom Line, EisnerAmper Private Business Manager Tim Schuster discusses developing a quarterly planning calendar, including budget, tax planning and speaking with your trusted advisor. Review these concepts monthly from an accounting perspective.


The Importance of Having an Emergency Fund

In the wake of the government shutdown, Tim Schuster offers tips on creating an emergency fund. To avoid living paycheck to paycheck, Tim suggests putting money into a separate savings account, as well as a portion of any windfalls. Emergency funds should include medical expenses.



Mr. Schuster is a Manager providing tax compliance services to individual filers, as well as assistance on tax returns for companies in the manufacturing and real estate industries.

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