Delaware Business Insurance Update from CNC Insurance Associates "The Corporation of You" 3-7-16

Have you ever thought of yourself as a corporation?  Most people do not. It is a concept that needs to be explored. How many of your decisions in life would be different if you ran your life like the CEO of a company.  We will explore this more in future blogs but for now let's imagine this scenario as it relates to finances. As a company CEO would you run your company with staggering debt?  If you did the growth and profitability of the company would be compromised.  However many people run their lives with staggering debt, and have trouble making ends meet or achieving their goals.  See the similarity. For the individual their financial planning is unorganized and void of professional counsel or advice on most occasions. As a company CEO you would be bringing those individuals in regularly.  Every year the company would post a budget and work to operate under it to assure profitability. As individuals this is rarely done.
We will discuss this concept further in future blogs. For now, start thinking like a CEO OF YOU Inc., and see how your decisions will start to change immediately. Until next time be careful out there and know your risks.
G. Kevin Nemith. President of CNC Insurance Associates & The Small Business Insurance Center
Serving DE, MD, NJ, PA, & VA
www.cncinsurance.com
www.bizinsurancetv.org

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