It is very important for a Start up company in San Francisco or San Mateo or Redwood City to have some expert advice when it comes to setting up their Group Benefits. Group Benefits are NOT all created equal. Unless you have an Independent Broker that “specializes” in Health Insurance and Group Benefits, you are really short changing yourself. The services that Independent Brokers give for Start up companies are completely free…..or should be.
Having a competent and knowledgable attorney is crucial as well. Who knows who to trust…unless you have a relative or neighbor that is in the business of helping Start Up companies in San Francisco or Redwood City. I have known a bunch of “business attorneys” in my years in business, most of which are self proclaimed “experts” at Start Up businesses. My advice….check out www.bedrocksf. Leila Banijamali is a rock star when it comes to helping Start Up companies in cities around the Bay Area. She has published many papers to help companies in what to look for when they are involved in a Start Up company in San Francisco, Redwood City, San Mateo or anywhere in CA.
Leila will tell you, having good Group Benefits for a Start Up company is crucial when it comes time to recruit talent. People nowadays are almost more interested in what their benefit package consists of, over simply the wage.
Surprisingly, there are many agents and brokers out there that still tell their clients that there is nothing they can do to help them bend the cost curve of Employee Benefits and Group Health insurance for Start up companies. Folks, there IS a strategy to it. Think of it like a “financial plan” for your Employee Benefits. It’s the second most costly item for a Start Up Company, why not have a PLAN for it. At Brauer Insurance, we look at Group Benefits more like an investment….an investment that needs a strategy. Think about it like this “we will help you FINANCE the healthcare for your employees”. When you look at it in terms like that, it takes on a whole new meaning.
Steve Brauer-Principal Broker, Brauer Insurance Services (408) 421-5555