It is not uncommon to come across successful and profitable businesses that generate little meaningful wealth for their owners.  For starters, businesses often face an array of expenses in addition to operating costs that sap revenue including administrative costs, leases and insurance.  What profits remain are typically ravaged by

One of the greatest challenges that small and mid-market businesses face is building up sufficient liquid reserves.  It has often been said that, “Cash Is King,” and liquid assets are key to the long term health and survival of an enterprise.  Being in a strong cash position is particularly important if an unforeseen

Why Fortune 1,000 CFOs Own Captive Insurance Companies and Why Small and Mid-Size Businesses Should As Well Many mid-market CFOs and small business owners alike yearn for the day when their company can build a “war chest.”  A “war chest” or stockpile of cash reserves can

RISK MANAGEMENT magazine recently reported on the growing threat of ransomware in an article by Editor Hillary Tuttle titled “Ransomware Ready: How To Prepare For The Day You Get Locked Out.”  According to

Business Insurance recently reported that total insured losses for recent storms and earthquakes will likely surpass $100 Billion and could be as high as $165 Billion.  The good news is that insurers and re-insurers “can absorb storm and quake losses.”  However, third quarter losses will put a significant dent in capital reserves, leading