Happy New Year! It’s always great to start a new year with some good news. For starters, Congress recently passed tax cuts that will help many businesses in the U.S. Also, for small and mid-market businesses that self-insure risk through a captive insurance company, the IRS just raised
There is nothing like that powerless feeling one gets when one’s insurance rates go up, even when there have been no claims and nothing has gone wrong. We work across the U.S., serving mid-market businesses. I routinely meet business owners and CFOs who hate insurance. In fact, since “Insurance” is the middle initial
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