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Some key employees who want ownership will never be given an opportunity to become owners regardless of what they do. This is because some owners are set on holding on to 100% ownership until they sell it all to a third party or die. Fortunately those cases are in the minority and most key employees have a reasonable chance of gaining ownership if they understand potential issues, consider human nature, are patient and consistently do the right things to get them closer to their objective. In this article we will provide advice to key employees about what they need to do to become owners.

Agency owners have many issues to deal with on a day-to-day basis and little time to address them. Sometimes this pressure can cause an owner to make simple but costly mistakes. In the attached PDF, we address common mistakes that agency owners should try to avoid. Click on the PDF below to read more.

Agency owners have many issues to deal with on a day-to-day basis and little time to address them. Sometimes this pressure can cause an owner to make simple but costly mistakes. In this article we address common mistakes that agency owners should try to avoid.

Running an agency has gotten very complex. The aging workforce, increasing scarcity of talent and growing demands of carriers are just a few of the challenges owners deal with every day. In spite of these challenges, many agencies are experiencing excellent revenue and profit growth. To accomplish this, they are not only doing the right things, but they are avoiding common mistakes that can hold them back. In this article we will discuss some common mistakes that owners should avoid.

Sometimes insurance agency owners get frustrated by what appear to be unexplainable acts on the part of prospects, customers or employees. Why don't more young business owners buy from us? Why did that longtime client leave us? Why did that producer quit? If you have ever experienced that kind of frustration you may be suffering from failure to assess your WIIFMs (What's In It For Me) from the perspectives of others.

Most insurance agency owners know what they should be doing in the coming year to make it a highly successful one. They know what their key strategies are and how to measure success. Unfortunately, some common mistakes can get them off track in achieving their goals. In this article we will discuss a few common mistakes that owners should consciously avoid. http://www.iroquoisgroup.com/sites/default/files/Jan2017.pdf

The owner of every agency sooner or later must address some difficult questions related to perpetuation. For example, the owner must ask:

Owning an apartment building can be a great way of generating passive income. However, as a rental property owner, you're exposed to several potential risks which can lead to losses and expensive lawsuits. Fortunately, many of these risks are covered by commercial apartment building insurance. In this article, we will discuss common risks faced by commercial apartment building owners and steps to claim insurance.

The winter season is often a challenging time for small business owners. The harsh weather conditions increase liability risks. While small business insurance will cover you if something goes wrong, you can avoid potential complications by preparing for the potential dangers of winter right now. Here are some tips to ensure that your business continues functioning properly during severe winter weather.

In the event that you have a home business and need a mortgage holder protection cite, consider getting your property holder protection cite from State Farm. For whatever length of time that you buy enough property holder protection to satisfactorily ensure your home and also your home business, you will be sheltered; on the other hand, ensuring you have enough mortgage holder protection for both your home and your home business is only the begin. You should step all through the length of time of your property holder protection approach to ensure your home business is altogether secured with your State Farm mortgage holder protection arrangement.

Earning profits is something a business is meant for. Many first small business owners do not know the right way to earn and maximize the profits.

Merchant Accounts are a must for every business, whether small or big. But, if your business doesn't have one yet, here are some smart ways to issue one, irrespective of how small your profit margins are.

Are you an insurance business owner? Here are 7 inexpensive ideas that will help you to transform your business efficiently.

Insurance agency owner Joel Guilbert of Arizona says he is pleasantly surprised to learn that the longer he remains with The Iroquois Group network of insurance agencies, the more beneficial his rewards and opportunities are.

The Iroquois Group® has promoted Kevin McKay to Regional Vice President of its Northeast Region. McKay is a 30-year industry veteran who was a successful producer and agency owner prior to joining Iroquois in 2006. His promotion was in recognition of his expanded role in a seven-state region that recently incorporated New York.

Berkshire Hathaway GUARD has begun offering Homeowners and Personal Umbrella coverage (click here) in Pennsylvania. Targeted markets include one- to four-family dwellings, renters, and condo unit owners. In addition, the product can accommodate situations where business and personal insurance needs overlap, providing coverage for residences owned by corporations or LLCs; dwellings held for rent (written under a Homeowners policy with an endorsement for rental units); home-sharing services (e.g., Airbnb); and residences where incidental business activities occur.

Many agency owners don't realize what a "gold mine" their personal lines business can be for them. The market is huge, with over $230 billion in premium recurring each year. The profit potential for agencies is also huge. Personal lines can be an agency's most profitable business segment because well trained customer service agents can service the accounts with little or no producer involvement.

Agency perpetuation is a problem for most agencies. In a recent study sponsored by The Insurance Journal, it was found that over 50 percent of agency owners were concerne

Owners of classic cars and boats are renowned for the time and passion they put into their hobby. Hagerty, the insurance company that specializes in coverage for such vehicles, shares that passion.