S13 E13: Stop Exposing Yourself with Van Carlson

Stop Exposing Yourself – The Power of the 831(b) Plan | Smells Like Money PodcastIn this eye-opening episode, host Suzan Chin-Taylor sits down with Van Carlson, founder and CEO of SRA 831(b) Admin, to uncover a powerful but often-overlooked strategy for business owners – the 831(b) plan. This episode, titled “Stop Exposing Yourself”, dives into the hidden financial vulnerabilities facing small to mid-sized businesses and reveals how to shield your revenue streams with a smarter risk mitigation framework.In this episode, you’ll discover:✅ What an 831(b) plan is and how it empowers businesses to self-insure against unforeseen risks✅ The dangers of relying solely on traditional insurance – and why it might leave you exposed✅ Real-world examples of revenue disruptions that aren’t covered by typical insurance (like pandemics, labor strikes, and supply chain breakdowns)✅ How the 831(b) plan can also serve as a wealth-building and tax-deferral tool✅ Why businesses with recurring revenue and under $100M in annual revenue are ideal candidates🔥 Notable Quote:"Most small to mid-sized businesses think they’re covered by insurance until they go to make a claim – and find out they’re not." – Van Carlson💡 Take control of your business’s financial future. Tune in to learn how to protect your bottom line and build long-term wealth.👉 Connect with Van Carlson:🔗 Website: 831b.com🔗 LinkedIn: https://www.linkedin.com/in/vancarlson/📧 Email: van@831b.com📌 Don’t forget to like, comment, and subscribe for more insightful episodes!🎧 Subscribe to the Smells Like Money Podcast:Don’t forget to subscribe to the Smells Like Money Podcast for more insights and innovations in the wastewater industry. Follow us on creativeraven.com/smells-like-money-podcast for updates and more episodes.I hope you find this episode as informative and as exciting as we have.Please let us know your thoughts about the episode!Connect with Suzan Chin-Taylor, host of The DooDoo Diva's Smells Like Money Podcast:Website: www.creativeraven.com | https://thetuitgroup.com/LinkedIn: https://www.linkedin.com/in/creativeraven/Email: raven@creativeraven.com Telephone: +1 760-217-8010Listen and subscribe here to your favorite platform:Apple Podcast - Google Podcast - Cast Box - Overcast - Pocket Casts - YouTube - Spotifyhttps://creativeraven.com/smells-like-money-podcast/ Subscribe to the Podcast:https://creativeraven.com/smells-like-money-podcast/Be a guest on our show:https://calendly.com/thetuitgroup/be-a-podcast-guestCheck Out my NEW Digital Marketing E-Course & Coaching Program just for Wastewater Pros:https://store.thetuitgroup.com/diy-digital-marketing-playbook-for-wastewater-pros#831bPlan #RiskManagement #BusinessInsurance #AlternativeInsurance #VanCarlson #SuzanChinTaylor #SmellsLikeMoneyPodcast #SelfInsurance #RevenueProtection #SmallBusinessFinance #TaxStrategy #WealthBuilding #WastewaterIndustry #EntrepreneurTips