A “sunk cost” is typically defined as money that once spent is never recovered.  In many ways, commercial insurance is a “sunk cost.”  Aside from providing peace of mind (which is a real benefit) and possibly meeting contract requirements (EG the state requires worker’s comp insurance and the bank requires property insurance), insurance premiums are […]

Every year, millions of Americans, hundreds of thousands of business owners, states, counties and municipalities make decisions based on what Congress wants them to do. We all know that states make decisions based on Federal funds they will receive.  For example, Federal dollars were attached to implementation of “No child Left Behind” and “Common Core” […]

This almost sounds like an infomercial doesn’t it?  But wait… there is more! But, there really is more. As a business grows and matures, its owners may look for additional means to grow revenue and boost business wealth.  A common approach is to start or acquire an additional business that serves the core business.   This […]

Almost every business owner I speak with loathes worker’s comp insurance.  Worker’s comp insurance costs are high and can go up significantly in the event of a claim or multiple claims.  Also, workers comp can be a cost center that is heavily impacted by fraud and abuse. As a captive manager serving small and mid-market […]