The costs of compensating victims and dealing with potential lawsuits can be truly ruinous to the financial future of a company, as well as its ownership.
Los Angeles, CA (PRWEB) September 16, 2016
Fire recently broke out in an industrial section of Downtown Los Angeles due to the explosion of some gas cylinders, according to a September 12 Los Angeles Times article. The detonation resulted in a dramatic fire that burned for some time and required the services of some 160 members of the Los Angeles Fire Department (LAFD) to extinguish. Fire Protection Group, Inc. (FPG Inc.) notes that the incident – which primarily damaged an area belonging to a company that manufactures products used for smoking – underlines the importance of businesses taking all necessary precautions to ensure that potential fire hazards in their business are dealt with and identified.
The fire protection firm notes that too many businesses view the need to ensure that their property is fire safe as an expense, when it is actually an investment in their long-term survival as an organization. Apart from the moral imperative to protect lives and property in a responsible manner, owners and managers need to ensure that they are fully protected for a host of reasons that relate directly to their bottom line. Specifically, FPG Inc. notes that a fire gone out of control can easily not only destroy the physical premises that house a business, but can also deplete its financial resources and essentially end its existence. Even in situations where the physical damage to the property was relatively modest, if any injuries result from a blaze, the costs of compensating victims and dealing with potential lawsuits can be truly ruinous to the financial future of a company, as well as its ownership.
A further issue is the many legal mandates for properties to comply with the rules and regulations enforced by the LAFD, says FPG Inc. Apart from the risk of a fire, these regulations can involve financial penalties and other sanctions. FPG Inc. notes its leadership team, which includes noted author and fire protection expert George Saadian as well as veteran firefighter Al Hernandez and Captain Bob Holloway, both formerly of the LAFD, is highly experienced with fire codes, and have even been involved in revising some of the codes that are currently in effect. FPG Inc. concludes by saying that there are a host of important reasons for companies to ensure they are taking all the necessary steps to minimize the danger of a fire, and absolutely no reason not to.
Readers who are interested in learning how Fire Protection Group Inc. can help them to protect properties under their management are encouraged to call (888) 251-3488 or visit its website at http://www.firesprinkler.com/.