As with any business venture, cash flow is a crucial factor that will dictate the growth of your independent insurance agency. Having cash in the bank not only determines which opportunities you can pursue, but also the pace at which…
Carl opened his insurance agency in 1986, and over the years, he has developed a loyal client base. His annual revenues are close to $500,000, which affords him a comfortable living and supports his five-person staff. But, after nearly three…
Countless business owners are unaware of the fact that the SBA has guaranteed in excess of $18 Billion in small business loans so far this year. Why not you? The Springtree Group (STG) offers The Seven Myths of Getting a…
Insurance agents who are looking to grow or sell their business or consolidate debt often have difficulty finding the right lending solution. That’s because most banks and other lenders don’t understand the nuances of the insurance industry and how cash…
The insurance industry is undergoing rapid changes. Experts estimate that 75 percent of insurance agencies will undergo a transition of some kind in the next decade, as Baby Boomer owners eager to enjoy retirement look to sell their firms, and…