Contingency planning is essential for any business, particularly for agencies with a single owner. A well-structured contingent buy/sell agreement serves as a safeguard, ensuring that business operations continue smoothly even after the sudden death or disability of an owner. The insights from INS Capital Group highlight the critical need for these agreements and the risks associated with their absence.
Read MoreIn the world of business partnerships, maintaining a shared vision and strategy is essential for long-term success. Yet, as businesses grow and evolve, differences in perspectives between partners can arise, particularly when it comes to future direction, risk tolerance, and financial priorities.
Read MoreThese additional steps will help you continuously squeeze more juice from your agency and fuel growth.
Read MoreTo maximize the potential of your agency, start by identifying the niches you already serve. Then, narrow your focus to 3-5 industries based on local growth trends, allowing you to dive deeper into those sectors.
Read MoreThe Process of Selling an Agency has Changed
Read MoreAn Insider’s Perspective (Buyer’s Strategy)
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