This is the second in a three-part series on succession planning for independent agencies. Be sure to check out yesterday’s story, “The one thing you need for successful succession planning.
For many insurance agency owners approaching retirement, an internal sell is not always possible or even desirable. In that case, selling your business to another, larger broker is one way to cash out and ensure your clients and general book of business are well looked after.
However, as merger and acquisition activity in the insurance sector heats up, competition amongst agencies looking to sell is fierce. In this environment, an informative and trustworthy valuation of your agency or brokerage is paramount.
Read more at:
Looking to sell? Get the valuation process right:
For additional information regarding Florida business sales, acquisitions and valuations, please contact Eric J. Gall at info@buysellflbiz.com or 239.738.6227. Also, visit our Florida Business Exchange website at www.fbxbrokers.com and my personal website at www.buysellflbiz.com.
No comments:
Post a Comment