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Managing the Agency Journey

Taking your insurance agency from start-up to retirement is a journey. Effective cash management can make the process go more smoothly.

By Patricia Smith | Updated on July 01, 2017
Effectively managing cash flow through all stages of an insurance agency's life cycle is key to financial success.

Starting an insurance agency and then growing it to the point at which you can reap the benefits of your hard work in your retirement years is a journey.

Your success as a principal depends on your ability to build value in your agency from day one. Agency owners especially need to review and understand banking services and the technology available to smoothly navigate the stages of their journey.

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