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Financially Simple Bizcast

The Financially Simple podcast is your one-stop resource for small business owners. Gain unique insights into growing, refining, and selling businesses. You will hear ways business owners have reduced their tax liabilities, increased their income, improved office morale, saved for the retirement of their dreams, and more.
Host Justin Goodbread is a serial entrepreneur, award-winning CFP® (Certified Financial Planning professional), CEPA® (Certified Exit Planning Advisor), and CVGA® (Certified Value Growth Advisor) with years of experience guiding business owners from start to exit in their business.

Apr 22, 2020

In episode 257 of Financially Simple, Justin talks to Steve Waldrop of Wyatt Insurance about reviewing policies.

With the Coronavirus lockdown still in effect across much of the world, small business owners should make use of their downtime to review their insurance policies. Justin and Steve discuss the review process of your insurance policies - what to review, things to consider, and planning ahead.

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01:37 - Ask Justin featuring Steve Waldrop: Having Trouble Sleeping? Let’s Talk Insurance!

03:59 - The Insurance Review Process

04:53 - Types of Insurance to Review

07:38 - BOP vs. Commercial

09:14 - Planning Ahead

10:28 - Example: Cyber Security

13:32 - Addressing Concerns

15:26 - Business Trajectory

17:49 - Anything Else?

19:57 - One Pearl of Wisdom

21:41 - Wrap Up




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Financially Simple podcasts are recorded on a Blue Yeti Microphone & Samsung Notebook 9.

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Wyatt Insurance

Steve Waldrop




Host Justin Goodbread, Certified Financial Planner, Certified Exit Planning Advisor, Certified Value Growth Advisor. He is a serial entrepreneur, author, speaker, educator, Investopedia Top 100 advisor, and business strategist with over 20 years of experience. Justin owns Heritage Investors LLC, a registered investment adviser with the State of Tennessee. Heritage Investors only transacts business in states where it is properly registered or is excluded or exempted from registration requirements. This material is for general information only and is not intended to provide specific advice or recommendations for individuals. To determine what is appropriate for you, please consult a qualified professional. The Financially Simple podcast provides information, guidance, and support to Small Businesses in the United States.