What in the World is Captive Insurance? Have you heard of this? I had - but didn’t know much about it. Sounds like a boring topic, right? Well, I felt differently after talking with President of Captive Nation, Ken Huffman and he showed me the benefits of captive insurance for business owners and it is anything but boring. Captive Insurance helps business owners protect their business, reduce taxes, and build wealth. Check out our conversation on this week’s episode of the Maximize Business Value podcast. Reach out to captivenation.com and get your free assessment today!
Ken Huffman, CPA graduated from Texas A&M University with a degree in accounting. After working as a CPA for KPMG and some smaller firms, Mr. Huffman wanted to focus on assisting CPA firms and their clients by teaching about and implementing advanced tax strategies in their businesses. This passion led to the founding of CPA to CPA, Inc. Ken’s expertise in these business strategies has saved clients millions of dollars. With captive insurance being a premier business and tax strategy, Ken founded Captive Nation, Inc., a captive insurance management firm. Ken is passionate about helping businesses utilize and implement advanced business and tax strategies that strengthen their core business. He also provides one-on-one consultations, workshop presentations for groups, and facilitates executive round table events. Mr. Huffman advises CPAs, attorneys, business owners, family offices, and financial advisors, along with M&A and insurance professionals. Along with loving to help his clients, Ken also loves spending time with his awesome wife and 3 kids. Reach out to Ken at ken@captivenation.com.
Tom Bronson is the founder and President of Mastery Partners, a company that helps business owners maximize business value, design exit strategy, and transition their business on their terms. Mastery utilizes proven techniques and strategies that dramatically improve business value that was developed during Tom’s career 100 business transactions as either a business buyer or seller. As a business owner himself, he has been in your situation a hundred times, and he knows what it takes to craft the right strategy. Bronson is passionate about helping business owners and has the experience to do it. Want to chat more or think Tom can help you? Reach out at tom@masterypartners.com or check out his book, Maximize Business Value, Begin with The Exit in Mind (2020).
Mastery Partners
Elevating Businesses to Achieve The Business Owner’s Dream Exit
The unfortunate reality is that for every business that comes on the market (for whatever reason), only 17% of them achieve a successful exit. You read that right. 83% of attempted business transitions never reach the closing table. Mastery Partners is on a mission to change that. We ELEVATE businesses to achieve maximum value and reach that dream exit.
Our objectives are simple - understand where the business is today, identify opportunities for dramatic improvement, and offer solutions to enhance the business, making it more marketable and valuable. And that all starts with understanding the business owner’s definition of his or her dream exit.
Mastery has developed a 4-Step Process to help business owners achieve their dreams.
STEP 1: Transition Readiness Assessment
STEP 2: Roadmap for Value Acceleration
STEP 3: Relentless Execution
STEP 4: Decision: Now that desired results are achieved, the business is ready for the next step in the journey!
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