In today's episode, we're exploring a financial strategy that can significantly impact how businesses mitigate risks: the 831(b) Administrative Plan.  Our guest today is Van Carlson,  the CEO of SRA 831(b) which specializes in mitigating risks for small to mid-size businesses.  We discussed the following topics among others. 1. Understanding 831(b) Admin Plans Brief overview of 831(b) Admin Plans and their purpose in risk mitigation for businesses. Explanation of how these plans are tailored for small to middle-sized businesses. Insight into the legal and regulatory landscape surrounding 831(b) plans. 2: Benefits and Opportunities Discussing the potential advantages for businesses opting for 831(b) Admin Plans. How these plans can offer financial protection against certain risks. Real-world examples of businesses that have successfully leveraged 831(b) plans. 3: Potential Risks and Considerations Exploring the potential drawbacks and challenges associated with 831(b) Admin Plans. Regulatory compliance considerations and potential pitfalls. Interview or case study featuring an expert who provides insights into navigating the risks effectively. 4: Implementation and Best Practices Practical steps for businesses looking to implement 831(b) Admin Plans. Tips for optimizing the benefits and minimizing the risks. Advice from financial experts on best practices for successful integration.  If you found this episode valuable, don't forget to subscribe, rate, and leave a review. Stay tuned for more insights into topics that impact your business. If you want to be our guest, or you know some one who would be a great guest on our show, just send your email to info@globalriskconsult.com with a subject line “Global Risk Community Show” and give a brief explanation of what topic you would like to to talk about and we will be in touch with you asap.