https://completemarkets.com/Article/article-post/843/It%E2%80%99S-About-Business-Not-Ethics/
...ss history. If it is, much of the credit should go to Dwight C. Minton, the CE... much loyalty to customers, suppliers, and employees. It’s absolutely true. Th...
https://completemarkets.com/Article/article-post/1012/EVALUATING-BANK-OPPORTUNITIES/
... to handle medium-size to large commercial referrals from the bank's loan offi... Letter, Volume XIII, No. 9. Inquiries and questions may be addressed to Carol...
https://completemarkets.com/company/CompleteMarkets/Articles/content-package/IMMS-Library/TabCategory/article-post/1008/ACQUIRING-AN-INSURANCE-AGENCY/
... be appropriate to look at the entire book. When projecting growth in larger agencies or where there are significant differences in types of account, it's best to apply a separate growth rate to each of the elements being considered. One of the more common breakdowns is regular Commercial lines, small Commercial business, Personal lines, Group, Individual Life/Health, and contingents. Note that in some deals, contingents aren't included in the valuation process, and often the Individual Life insurance isn't even included in the purchase. The second element ... rollover bonuses, and investment income. Often prospective buyers include contingent income in the valuation process but usually at a five-year average. If the profit-sharing amounts have varied widely over the period, a prudent buyer would probably leave it out altogether. The seller is rarely given credit for the rollover bonuses that the buyer may receive from insurance companies as a result of the acquisition of the book, but this could be a point of negotiation. The disposition of contingents for the first year after the sale is also often part of the negotiating ... . After projecting the anticipated revenues, subtract operating and sales expenses-they will be under your ownership, and the result will be the estimated pretax profit. The preliminary discussions that you should have had with the sellers regarding their future compensation needs will be instrumental in determining these expenses. There also might be changes in employee benefit costs, sales and office payroll, dues and subscriptions, travel, entertainment, and automobiles. Generally the resulting pro forma pre-tax profit will be in a range of 15% to 25% of revenues. It ...
https://completemarkets.com/Article/article-post/1664/MUTUAL-FUNDS-MODULE-V-I/
...s, short-term bank deposits, or commercial paper. Investors might get a better...t also be a charge for accounting fees and marketing costs, whic
https://completemarkets.com/Article/article-post/1008/ACQUIRING-AN-INSURANCE-AGENCY/
...re common breakdowns is regular Commercial lines, small Commercial business, Personal lines, Group, In...his individual a combination of salary and results-oriented bonus based on a f...