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What if you could insure the risk of your business while reducing your out-of-pocket expenses and creating another source of revenue?

If you’re like most business owners, you probably pay an insurance company to cover the risk of your business. You may not even know there’s another option.

Consider this: what if you could insure the risk of your business while reducing your out-of-pocket expenses and creating another source of revenue? You would do that in a heartbeat, wouldn’t you?

In his latest book, The Business Owner’s Definitive Guide to Captive Insurance Companies, Peter J. Strauss explains that, by utilizing a captive insurance company, this is not only possible but also a lot easier than you might imagine. With this new book, Peter has created a must-have resource for all small business owners.

“I want the reader to understand the fundamentals,” Peter says of the book’s core purpose. “Captive insurance is vastly underutilized in the business community. A captive insurance company at its core is just that: an insurance company that you (or your business) owns. Captive insurance provides business owners the unique capability to manage their risk more efficiently and improve their company’s bottom line. And yet, most business owners have no idea what captive insurance is, much less how to use it to their advantage.”

Throughout the book, Peter guides business owners through every step of this valuable but underutilized strategy. Starting with the fundamentals and history of captive insurance, he details the basic principles of the process, the key benefits and, how to implement a plan to create your own captive insurance company, select an appropriate captive manager, and ultimately improve your company’s financial well-being.

The message is clear: implementing these proven techniques can have numerous benefits for your business. And now, a process that once sounded too daunting to undertake can be navigated with ease, thanks to the guidance of Peter J. Strauss—the authority on captive insurance.

The Business Owner’s Definitive Guide to Captive Insurance Companies is available now. Pick up your copy and begin reaping the benefits of captive insurance.