Tag: value

15
May

How to maximize the value of your Insurance Agency

There’s going to come a time where you will consider selling your agency. However, most agencies don’t have a perpetuation plan. Some of the toughest situations occur when an agency owner has poor health and is unable to sell their insurance agency on his or her own terms. The children are interested in the business, but don’t have the money.

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22
May

Considering selling your personal, commercial or benefits insurance agency in the next year?

Many insurance agency owners believe that since they own a business, they understand the complexities of how to sell an insurance agency. When I hear this, I always ask the question; you’ve owned and lived in your  home for 20 years, why do you hire a Realtor? The reality is, selling a business is more complicated than selling a house.

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2
May

The Price of Your Insurance Agency: Do the Math

Insurance agency owners who are considering selling their agency, are obviously very curious about the price they can sell their agency for.  It’s the single most asked question of Acquisition Brokers like Ganis Consulting, “How much can I make if I sell my agency?” 

3
Jan

Determining the Value of Your Insurance Agency

Selling an insurance agency is not like selling a home or commercial building. There’s no magic formula for determining the value of an insurance agency – every agency is unique. An insurance agency is a business and the financial performance of the agency will make up 90% of its value. There are 2 formulas most buyers use to determine what

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1
Jul

Many ways to Calculate the Value of Your Insurance Agency

Selling an insurance agency is not like selling a home or commercial building. An insurance agency is a business and the financial performance of the agency will make up 90% of its value. There are 2 formulas most buyers use to determine what they’ll pay for an agency.