Michael Cohen, owner of niche insurance provider DBL Center in New York, didn’t predict the pandemic. But all the modernization and business planning he did beforehand, triggered by the death in 2017 of his father, the business’s founder, made him better prepared to face it. Cohen sits down with Lance Hennesay, advanced solutions director for Principal, and host Kyle Munson to talk through the finer points of business valuation, succession planning, and the tricky timing involved in deciding when to sell a business—especially in today’s more volatile economy.
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