Internal and external economic factors contribute to the health of most organizations. Other elements playing a major role in the insurance market include commerce risks. When you consider all of the possible components affecting the well-being of an insurance agency [...]
Whether you've already located an agency to acquire or are still on the look out for the perfect acquisition opportunity, you need financing before you can seal the deal. Navigating the commercial loan process can be tedious and often discouraging [...]
Regardless of whether you plan to buy or sell an agency, getting an agency valuation is a smart financial move. When you know what your agency's worth now, you can make more data-driven decisions about your company. You can take [...]
The process of buying and selling an agency has so many steps involved that people can almost be forgiven if and when steps are skipped along the way. However, any mistake during the process can have real, lasting consequences that [...]
Sometimes it makes sense to spend more in the short-term for the eventual long-term benefits. No matter how nerve-wracking it may be to financially splurge for the future benefit of your company, agencies won't get anywhere unless they can handle [...]
When you're faced with the prospect of selling your agency on your own, you may think you don't want anyone else involved. After all, who knows your business better than you do? But choosing to do it all by yourself [...]
Choosing to sell a company is never going to be an easy decision. Can you get more? Do you want to cede control? Will the buyer do what they say they're going to do? These questions are the underlying reason [...]
Deciding on a valuation, whether it's a business, real estate, or intellectual property, can be a challenge. You know that there's an inherent and objective value in the marketplace, but other -- less tangibles -- can weigh in on the [...]
The market value of a company is as much wrapped up in the current revenue as it is in past success and future projections. There are so many factors to take into account that the numbers are easy to doubt. [...]
In the world of insurance, there is perhaps no more singularly important goal than retaining your commercial accounts. Acquisition costs and time invested are immense. The wave of impact throughout your teams, departments and organization can be devastating. This is [...]
