• Planning for Your Business Transition with Trey Dacy

  • Feb 22 2022
  • Length: 58 mins
  • Podcast

Planning for Your Business Transition with Trey Dacy

Listen for free

View show details

  • Summary

  • Trey Dacy is a partner at Insurica, an insurance broker specializing in construction, energy, manufacturing, and healthcare. He has decades of experience in the industry, particularly in commercial property and casualty insurance, making him an expert in business protection. Before merging with Insurica, Trey was the owner of First Texas Insurance Services.  Trey joins me today to discuss the role insurance plays in business transitions. He describes what Insurica is, its services, and what makes them a unique broker. He shares some of the mistakes business owners make when selling their business. He explains the kinds of insurance owners need to consider for different transactions. Trey also provides actionable advice for finding insurance agents, umbrella policies, and hiring attorneys.   "When you fail to plan, you plan to fail." - Trey Dacy   This week on Priorities Lifestyle: What Insurica is, it's history, and the services they offerOne of the worst financial mistakes you can make as a business ownerWhy it's challenging to get young people to be interested in a career in insuranceThe emotional toll of transitioning a businessWhat it's like working with private equity marketsRisks and concerns that arise in the process of selling a business from an insurance viewpointWhy hiring an attorney can be a significant financial decisionTrey's advice for finding insurance agentsThe advantage of umbrella policies when it comes to car accidentsWhen owners should think about insuranceWhy Covid-19 is a bad example of how insurance works   Our Favorite Quotes: "There's liability associated with ownership of anything." - Trey Dacy"Don't think you can get through something like a transition without it taking an emotional toll." - Rob Schulz"If you have some planning in place, it can help so much with the emotion in getting through a business owner's death." - Rob Schulz   Connect with Trey Dacy: InsuricaTrey Dacy on LinkedInEmail: trey.dacy@insurica.comPhone: (817) 471-1828   About Rob Schulz and P&L Podcast The P&L Podcast is a show for business owners. In each episode, host and financial planner Rob Schulz sits down with business owners and the professionals that serve them to talk about business building, life, money — and the all-important transition out of the business, which inevitably happens to everyone who has ever founded a company.    Email Rob at rob.schulz@schulzwealth.com with questions, comments, and to schedule a one-on-one conversation.    Follow Rob on LinkedIn. Follow Schulz Wealth on Facebook   Order Rob’s book, Thoughts on Things Financial, on Amazon | Barnes & Noble | Kobo | iBooks | Kindle   Subscribe here: Apple Podcast  Spotify Google Podcasts Stitcher Audible    And, if you enjoy the show, please leave a review on iTunes to help others discover the podcast.
    Show more Show less
Show more Show less
activate_Holiday_promo_in_buybox_DT_T2

What listeners say about Planning for Your Business Transition with Trey Dacy

Average customer ratings

Reviews - Please select the tabs below to change the source of reviews.

Audible.com reviews

Amazon reviews
No Reviews are Available