Agency Sellers Who Fly SoloRisk Crashing
Selling an insurance agency is not simple, according to executives familiar with the process, who suggest that for independent agents who do not seek professional help the outcome can often be disappointing.
The first place many agents turn to for help when beginning the process is their local or national association. Association executives say that while they do not provide services to assist agents with a sale, they can help with reference materials and a list of consultants who can smooth out the process.
Generally, association officials advise agents that after finishing their research and getting their books in order, they should contact a consultant to guide them through the merger and acquisition process, no matter what size the agency.
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