Factors that Affect Agency Value – Growth
There are over 25 factors that we review when placing a fair market value on an independent insurance agency, and annual revenue growth rate is one of the most important factors that affects an agency’s value. If you are reading this, it is quite likely that you are contemplating how to grow your agency in […]
Planting the Seeds for Your Agency’s Future to Bloom
Many agency owners are unsure of their exit plan, and many fail to take the time to consider their options as they are busy running their day-to-day agency operations. But, a time will come when they must decide whether they will sell externally to a third-party buyer or sell internally to family or key stakeholders. […]
Running an Efficient Agency in the Fast-Paced Insurance Industry
In the ever-changing and post-COVID world, one key element that rings true for agency owners across the country is being efficient. But in reality – what does this entail and what do owners need to do to increase and streamline their agency efficiencies? In this article, you will read about areas where an agency could […]
What Are Best Practice Agencies Doing to Differentiate Themselves from the Rest of the Field?
One thing that has remained true through the test of time… we all want to be the best. Whether that be in insurance, sports, law, or even in daily life, it is in our human nature to strive to be the best. Well, in order to be the best, you need to discover what the […]
Three Vital Agency Factors to Integrate Today!
Over the course of the last five years, the team at IA Valuations has performed over 200 valuations for independent agencies. We have analyzed a wide variety of agencies, ranging from small agencies in rural areas to larger, more sophisticated agencies in major metropolitan areas. One thing that remains true from our experiences is that […]