Entrepreneur

This Insurance Strategy Could Save You Thousands

Captive insurance companies have saved some firms millions in premiums and taxes.
Source: Shutterstock.com

You might, if your business has a net operating income of at least $500,000 a year. For decades, large public companies and nonprofit organizations have formed captive insurance companies, and saved millions in premiums and taxes.

But before we get into the benefits, let’s dig into or . 

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