Converting Costs into Assets: An Interview with Luis Beeli

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Our guest in this episode is the CEO of a company that has created innovative solutions addressing the number one reason why businesses owners sell their companies: sailing into the sunset of retirement bliss. Nobody plans to get sick, but the number one reason businesses get put up for sale is a health scare suffered by the owner. Illness of the owner or another crisis can lead the owner to sell the business only getting pennies on the dollar. Small business owners have to manage their funds to stay in business. With the daily challenges of making a business work, putting plans in place to protect the company and owner from potentially fatal events in the future often is not a current day financial priority. Luis Beeli helps educate business owners on the real risks while providing an affordable means to protect the business they are building. Being too tight with money to the point of restricting and sacrificing the potential growth of your business or ignoring or minimizing future risks can do more harm than good. The key, according to our guest in this episode, is to be creative in managing your finances and risks. And one of the ways to turn costs into assets is making money from your credit card processing rather than having to pay that out. How is it done? Luis sheds some light on this topic. Luis is the CEO of Lunar Financial Services, a company that creates protection for businesses should the owner becomes ill.

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