Have you participated in succession planning for insurance agency owners?
Every business needs to have a succession plan. What happens if something happens to you? Having a plan protects your family and allows for clarity on what happens in a very difficult time. Insurance agencies need to have a documented plan that helps everyone in a difficult situation.
It is important to start succession planning early so that historical knowledge can be passed on and new leaders can be groomed while the original owner is still present to lead and help. We suggest being methodical when choosing partners for succession planning. You need to meet with your accountant, attorney and valuation specialist. This is why succession planning for insurance agency owners is critical.
Getting organized for succession planning is critical for your agency’s success!
Succession Planning For Insurance Agency Owners Video Timeline
- 00:00:00 You need to have that time
- 00:00:24 As an agency owner
- 00:01:02 You have to be hardworking
- 00:01:17 It’s important to start thinking about your legacy
- 00:01:29 We can’t wait until we’re ready to take our leave
- 00:02:03 This month you’re gonna see a lot of wonderful things
- 00:03:15 Getting yourself right and aligned with where you’re going
- 00:03:40 Be really methodical in choosing your partners
- 00:03:56 Reach out to us and book a meeting with us now
Check out the APP Resources on Best Practices of Leaving Your Insurance Agency To Your Family:
- Check out our blog on Best Practices of Leaving Your Insurance Agency To Your Family: https://bit.ly/perpetuatetofamily
- Get our FREE Sample Family Contract (avoid those family arguments): https://bit.ly/424Qr5W
- Get our Agency School @ 10% off with code: BACKTOSCHOOL https://bit.ly/3NGJ7dg
- Book A Meeting: https://bit.ly/3I8H0v8
- Are you looking for insurance training to grow your insurance agency? https://www.agencyperformancepartners.com/work-with-us/
