Independent insurance agency: How to meet the challenges

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Posted: Mon Mar 08, 2010 11:24 am Post subject: Independent insurance agency: How to meet the challenges

I was into real estate sales and acquired my P & C license a couple of years back. I'm looking forward to start an insurance agency of my own. Any suggestions? _________________ Register Now to have your Insurance queries solved.

Justincoolman

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Posted: Tue Mar 09, 2010 10:32 am Post subject:

You should establish a sound business policy. You should be able to develop clear strategies that help the growth of your business network. You should know how and where to identify your prospective customers. _________________ Register Now to have your Insurance queries solved.

anonymous00

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Posted: Wed Mar 10, 2010 12:36 pm Post subject:

Quote:

You should be able to develop clear strategies that help the growth of your business network.

It would depend a lot on whether you find the right employees to fulfill your objectives. You'll need to keep an eye on their qualifications while you're appointing them. Also, you'd need to improve your sales strategies to meet your targets.
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Juanita

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Posted: Thu Mar 11, 2010 10:49 am Post subject:

Identify your area of expertise. If you're licensed to sell P & C insurance then it's natural for you to start your P&C insurance agency. At the same time, I'd suggest that you obtain further education and satisfy the state norms in order to expand naturally. Also, keep an eye on the expenses associated with the growth and expansion of your business.

steven

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Posted: Fri Mar 12, 2010 9:00 am Post subject:

Another thing that you must look up to is a consistent source of funds. If you lack adequate funds, then you'd need to borrow from banks or the Small Bu. administration. Some banks are skeptical about offering loans to new businesses. The SBA is a better option in this regard.

roddick

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Posted: Sat Mar 13, 2010 5:32 am Post subject:

While proposing a loan, be sure that you have all the details concerning your expenses. Don't forget to include any of your initial costs. Once you'd provide your cost details, it would help the lenders follow your objectives. _________________ AmPmInsure Blog