Business owners invest time, energy, and money to develop and grow their business. Over time the business often becomes the source of the family’s livelihood and a major portion of their estate. It’s not unusual to hear that the business is also the source of the owner’s retirement. Unfortunately, many owners don’t have a clear understanding of what their business is worth. Consequently, it’s a great place to start a conversation with a business owner and open the door to many business insurance opportunities.
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