https://completemarkets.com/Article/article-post/478/Preparation-Is-Key-To-Maximizing-The-Value-Of-Your-Agency/
... are printed from your internal accounting/management software or compiled or...pective on how your business is doing and pinpoint areas for improvement that...
https://completemarkets.com/Article/article-post/2020/HOW-TO-BUY-SELL-MERGE-OR-PERPETUATE-AN-AGENCY/
...tions available to you. Unless your CPA and attorney are specialists in agency own... agency evaluation, purchase, mergers, and business succession planning. You c...
https://completemarkets.com/company/CompleteMarkets/Articles/content-package/IMMS-Library/TabCategory/article-post/489/Agency-Principals-Don%E2%80%99t-Put-Off-Perpetuation-Planning/
... PR Newsletters Employees Articles Blog Photos Group Connections Reviews IMMS Library Immerse yourself in our stacks. Take some time and browse through our library. We have thousands of articles, checklists, tip sheets, sales letters, and more! Communications Marketing Customer Service Planning Finance/Accounting Risk Management Human Resources Selling Legal and E&O Technology Life/Financial Services Glossaries Management Resources & Links Categories Popular Recent All Back Agency Principals: Don't Put Off Perpetuation Planning!4/30/2013 12:00:00 AM by CompleteMarkets Editor , ... also seek advice from your bankers and CPAs, who can offer insights for planning acquisitions of both tangible and intangible assets, as well balancing the agency's financial and tax structures against the desires and needs of its investors. You might want to consult with more than one CPA as they balance business needs against estate planning goals. Have your legal counsel develop or review your documents to make sure they support the plan. Finally, the best advice I can give is, if you don't have a plan, resolve to get one started. ... you have a plan, make it a point to get things reviewed and make sure you're on track. Perpetuation plans are roadmaps for the agency. Just as new roads are built and maps are updated, so perpetuation plans need updating as laws and people change. Don't hesitate to ask for help — and before you know it you'll have your plan in place! Sharon Cunningham is president of Cunningham Consulting a management consulting firm that specializes in the insurance industry. Cunningham serves as the Financial/Accounting Key Consultant for IMMS.com. She ...
https://completemarkets.com/Article/article-post/1735/Hints-From-Hales-What-Is-In-A-Business-Plan/
...or audited statements prepared by a CPA. Mention whether the statement is audited and list the auditors. Display at least three years of statements and preferably five. Include a statement f... that you'll be able to repay the loan and stay on a profitable footing, make sure your plans make sense and your expectations are in line with ...
https://completemarkets.com/Article/article-post/489/Agency-Principals-Don%E2%80%99t-Put-Off-Perpetuation-Planning/
...o seek advice from your bankers and CPAs, who can offer insights for planning ...he agency. Just as new roads are built and maps are updated, so perpetuation plans need updating as laws and people change. Don’t hesitate to ask for help — and before you know it you’ll have your...
https://completemarkets.com/company/CompleteMarkets/Articles/content-package/IMMS-Library/TabCategory/article-post/2020/HOW-TO-BUY-SELL-MERGE-OR-PERPETUATE-AN-AGENCY/
... PR Newsletters Employees Articles Blog Photos Group Connections Reviews IMMS Library Immerse yourself in our stacks. Take some time and browse through our library. We have thousands of articles, checklists, tip sheets, sales letters, and more! Communications Marketing Customer Service Planning Finance/Accounting Risk Management Human Resources Selling Legal and E&O Technology Life/Financial Services Glossaries Management Resources & Links Categories Popular Recent All Back How To Buy, Sell, Merge Or Perpetuate An Agency 4/30/2013 10:43:12 PM by CompleteMarkets ... about how to do this, we do not presume to make you a legal or tax expert. You'll still need an attorney and C.P.A. for the technical details, but you'll know how to spot key issues and the major options available to you. Unless your CPA and attorney are specialists in agency ownership issues, you might even end up knowing more about the "big picture" than they do. This should translate into a major advantage when the time comes for you to "get ‘err done" . ... provide details later in the book. However, here's an overview. Sellers If you aren't really a willing seller, with realistic price and terms expectations, then you're probably just wasting your time. Know what your agency is realistically worth. Some agencies are worth two times annual revenues for example, but that might or might not mean yours is. Is your agency for sale, but only if you can get more than it's worth? Know your tax situation, and what to do if you're sitting on a potential tax disaster ...
https://completemarkets.com/Article/article-post/2164/WHAT-IS-AN-AGENCY-WORTH/
... rely on guidance from accepted accounting formulas and their own informed jud...ced a greater pretax multiple of ANEBT-and greater value-than the other approa...
https://completemarkets.com/Article/article-post/232/Technology-And-The-Agency-A-Primer/
..., file maintenance, networking, accounting, report capability, word processing...ormation needed to manage methodically and efficiently!
https://completemarkets.com/Article/article-post/2152/WHAT-IS-AN-AGENCY-WORTH/
... rely on guidance from accepted accounting formulas and their own informed jud... Errors & omissions history and coverage History of prior a...
https://completemarkets.com/Article/article-post/376/Insurance-And-The-ADA/
...rn California company that provides CPA test review courses. Ironically, Bar/B...ation of existing policies, practices, and procedures, the result will be better service, a broader marketplace, and increased retention-a formula that ...