The Ides of April are upon us, and business owners across the Fruited Plain are mailing checks to the IRS.  On the one hand, a business owner may write a large check to the IRS and think, “it’s a good thing to send the IRS a huge check, because it means we made money.”  On […]

We were having a discussion on how best to explain to remarkable benefits of enterprise risk management with a captive insurance company, when Tom King, Principal and Founder of CIC Services proclaimed, “This really is the best self-insurance money can buy!” Tom was referring to the chart below that visually depicts

For many business owners and CFOs, risk management is not an enjoyable topic.  So, how can Enterprise Risk Management (ERM) surge wealth?  After all, a complex nomenclature like “Enterprise Risk Management” sounds like code for “spend more money.”  However, the opposite is the case.  Developing and executing a more mature risk management approach – described […]

Over time, taxes can take a heavy toll on a business and its owners.  Year after year, profits are stripped away to pay taxes often resulting in a business that is less prepared for the challenges and risks it may face in the future.  The good news is that, thanks to Congress you don’t have […]

I was on a hike in the mountains, when my children jumped on a log on the side of the trail.  It crumbled under their weight, and we realized it had been hollowed out by insects and termites.  The log looked solid enough to hold their weight, but clearly wasn’t.  This log reminds me of […]