https://completemarkets.com/Article/article-post/68/Salvaging-Your-Investment-After-The-Earthquake/
...rs of property damage. Insurance, private assistance, and public assistance do... is rebuilt, the owner may have some equity because it will now be worth more ...
https://completemarkets.com/company/CompleteMarkets/Articles/content-package/IMMS-Library/TabCategory/article-post/2388/Are-You-A-Deadbeat-Shareholder/
... value should each shareholder be responsible for creating? And how do you measure value creation? Many agencies have one or more principals who aren't pulling their weight and have no plan to do so in the future. Many of these deadbeat shareholders mistakenly believe that agency ownership is a reward for past performance. It isn't. It needs to be recognized for what it is: the most precious currency a privately held business has to motivate and reward future performance. Other shareholders are taxed when any shareholder in an agency isn't creating value in proportion to the percentage held. Many agency principals suffer from high tax rates' imposed on them by such partners, but they can't quite identify the problem or the way to fix it. Well, it's time for a tax cut! A NEW APPROACH TO AGENCY ... 75,000 in each of the past three years, she simply needs to develop a plan to repeat her past performance: Net growth of $75,000, if valued at 1.3 times commissions (a decent estimate of value for this particular agency), would generate the $100,000 quota. Even so, Donna needs to understand that each year, as the value of her equity position in the agency grows, so will her value creation quota. Let's contrast Donna's situation to that of John, the agency's CEO and 40% shareholder. Since John's equity interest is worth $2 million, his value creation quota is $200,000. To achieve his quota by producing new business alone would require net growth in his book of roughly $150,000- something ...
https://completemarkets.com/Article/article-post/2388/Are-You-A-Deadbeat-Shareholder/
... is: the most precious currency a privately held business has to motivate and ...alue or consider reducing his or her equity position in the agency by selling ...
https://completemarkets.com/Article/article-post/2233/SMART-AGENCIES-SHOULD-STAY-ON-OFFENSE-IN-A-SOFT-MARKET/
... on cost containment strategies. Private equity firms are also under pressure...mised to their investors. However, privately held agencies with no debt are...
https://completemarkets.com/Article/article-post/2365/Getting-A-Company-Appointment-Part-2/
...w some agents think this is their private business and don’t what to show this...
https://completemarkets.com/Article/article-post/1669/FINANCIAL-INSURANCE/
...nds for balancing a budget, or in private companies where disgruntled sharehol...
https://completemarkets.com/Article/article-post/997/FINANCIAL-MANAGEMENT-IN-AN-UNCERTAIN-MARKETPLACE/
... the average composite groups are privately held firms in which the owners tak...ear. Tangible net worth measures the equity in the firm and should be positive...
https://completemarkets.com/Article/article-post/176/Valuing-Your-Company-Stock-When-Owned-By-An-ESOP/
...anies may also use the ESOP to go private.
Contributions by a corporation ...oration, especially in the case of a privately held business.
Due Diligence
...
https://completemarkets.com/company/CompleteMarkets/Articles/content-package/IMMS-Library/TabCategory/article-post/340/Agency-Perpetuation-Agents-Must-Go-Back-To-The-Drawing-Board/
... , ' describing a sine-wave pattern of Commercial Lines premiums. From the looks of things lately, maybe we should call it a premium-hiccup cycle- long, low lines with occasional spikes. Will the entire Commercial field become niche-marketed? And can even the best service and good P/C pricing overcome a competitor who has a better answer on Workers' Compensation? Personal Lines Stability. Just when the private passenger auto market seems to have stabilized in most regions (apologies to our friends in southern California), now homeowners looks like a troubled line. And not only in windprone areas. Can we really continue to give that much coverage for a few hundred bucks? A little price firming in this line would not be unwelcome news to most agencies if it were smooth and stable. How likely ... properly capitalized, should be able to buy itself with its own resources and cash flow. But for a whole lot of reasons that go beyond the scope of this column, planning to sell 100% of the agency's value upon the retirement of the senior principal(s ) is usually a bad idea. I find that if the buying group' has the equivalent of at least a 30% equity position on the date of transfer, the plan will be manageable and prudent financially. There are lots of creative tools to allow this value sharing to take place in such a manner that the senior people are not simply giving it away. I've long been a proponent of so-called phantom-stock and other deferred-compensation arrangements to bring this about. Taxes. All business should manage their costs and expenses carefully. ...
https://completemarkets.com/Article/article-post/993/MANAGING-FOR-RESULTS/
...ssibility of a corporate title, a private office, or some other external indic...