Search found 4 matches
IinusreU, Setting up a captive can be a good idea. Having 50 accounts to start with is good. There are some other things that you will need, however, such as: 1. What are the loss ratios on these accounts? 2. What state(s) are the restaurants in? Depending on the state, you may be able to setup a ca...
- Tue Jun 29, 2004 10:07 am
- Forum: Opinions
- Topic: Agency Startup
- Replies: 6
- Views: 7613
mls, Using your home office will be great from a tax standpoint. You will be able to get a deduction on your tax return for things such as utilities, rent/mortgage, repairs and maintanence, insurance, etc. However, you will need to keep good records. As for the trust account, I would suggest using a...
- Wed Jun 23, 2004 11:21 am
- Forum: Opinions
- Topic: Agency Startup
- Replies: 6
- Views: 7613
- Wed Jun 23, 2004 11:14 am
- Forum: Hard-to-Place Accounts
- Topic: Workers Compensation Market
- Replies: 3
- Views: 3463