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... managers, and governments (state, local, and federal). List compilers, such...results of the latest D&B Small Business Survey. Hoover’s On...

... next year. The bid, awarded to the group's ad agency, Sage Advertising, is believed to be a marketing first. Car dealers feel that this will remove the junk-mail stigma from their direct-mail advertising. Each renewal notice will include an advertising message from the recipient's local Chevrolet dealer. (Note the local' aspect, targeting the marketing message toward specific territories.) The contract, for one year with a two-year option, calls for an initial mailing of 94,000 renewals with advertisements. In line with the mutual-benefit concept ... Legal and E&O Technology Life/Financial Services Glossaries Management Resources & Links Categories Popular Recent All Back PR: A New Twist In Direct Mail 4/30/2013 12:00:00 AM by Jack Burke This content has not been rated yet. Government and business have become unusual bedfellows in a unique and exciting direct-mail marketing concept. A joint project involving the automotive industry in Montana could serve as a model for a whole new direction in targeted direct mail-and have great relevance for selling nearly every insurance product in the ... . Automotive News reported that the Montana Chevrolet Dealers Association won a bid to mail 680,000 renewal notices for Montana's motor vehicle registrations during the next year. The bid, awarded to the group's ad agency, Sage Advertising, is believed to be a marketing first. Car dealers feel that this will remove the junk-mail stigma from their direct-mail advertising. Each renewal notice will include an advertising message from the recipient's local Chevrolet dealer. (Note the local' aspect, targeting the marketing message toward specific territories.) The contract, ...

...ther and the probability that most local lawyers won't understand insurance we... its principals should own the Life business derived from that agency. It can ...

...ising message from the recipient's local Chevrolet dealer. (Note the 'local' aspect, targeting the marketing mess...icity can be even more effective on a local basis. The agency concerned with c...

... be reasonable. Fourth, the consequences of the failure of the covenant should be examined. Need For The Covenant. The first thing that should be examined in the need for a covenant is whether or not the restrictive covenants can be enforced considering the rules of the local governing laws. If local laws are such that it would be extremely difficult or impossible to enforce the restrictive covenant, the only reason for having one would be for taxes. Under these circumstances, it is almost certain that such an agreement should be rejected. ... local laws (including state statutes and community ordinances) can have a profound impact on noncompetition agreements, a complete understanding of these local laws is essential. The advice of local counsel can be invaluable. The second issue that must be considered is whether the seller is a risk to the buyer if the covenant is broken. The seller must have the ability to compete, or the covenant itself is a tax covenant rather than a restrictive covenant. An insurance agent, as a rule, would have a fairly high degree of ability ... sale of an agency is a complex transaction, and the allocation of the purchase price to the various segments of the sales contract increases the need for careful negotiation. Any sales contract should include a specific dollar figure allocated to goodwill, fixed assets, the book of business (expirations), and the covenant not to compete. How these allocations are made in the contract have considerable impact on the taxes owed by the buyer and the seller, and consequently on the agency's value. Each of these allocations could be the subject of ...

... be reasonable. Fourth, the consequences of the failure of the covenant should be examined. Need For The Covenant. The first thing that should be examined in the need for a covenant is whether or not the restrictive covenants can be enforced considering the rules of the local governing laws. If local laws are such that it would be extremely difficult or impossible to enforce the restrictive covenant, the only reason for having one would be for taxes. Under these circumstances, it is almost certain that such an agreement should be rejected. ... local laws (including state statutes and community ordinances) can have a profound impact on noncompetition agreements, a complete understanding of these local laws is essential. The advice of local counsel can be invaluable. The second issue that must be considered is whether the seller is a risk to the buyer if the covenant is broken. The seller must have the ability to compete, or the covenant itself is a tax covenant rather than a restrictive covenant. An insurance agent, as a rule, would have a fairly high degree of ability ... sale of an agency is a complex transaction, and the allocation of the purchase price to the various segments of the sales contract increases the need for careful negotiation. Any sales contract should include a specific dollar figure allocated to goodwill, fixed assets, the book of business (expirations), and the covenant not to compete. How these allocations are made in the contract have considerable impact on the taxes owed by the buyer and the seller, and consequently on the agency's value. Each of these allocations could be the subject of ...

...orced considering the rules of the local governing laws. If local laws are such that it would be extrem...ed from unfairly competing for that business-but should not be expected to giv...

...orced considering the rules of the local governing laws. If local laws are such that it would be extrem... restricting a large area, where no business is done, just in the hopes of soliciting business at some point in the future. The ...

... usually find such brokers in your local Yellow Pages under "Mailing Lists." M... MISCELLANEOUS SOURCES: These include local Chambers of Commerce, schools, re...