What would happen if you sold your insurance agency or book of business? Whether you have an eye towards retirement or are looking to start a new business, selling your business will affect your life in several critical, wonderful ways:
We find cash buyers for your business. MKL will guide you through the process of not only selling but valuing your business in a way that will help you maximize your profit.
The Next Phase
If you sell your business, you’d be done with the insurance business – but the world would become your oyster. Perhaps you are due for a lengthy vacation or to turn your career of knowledge into a consulting practice? The choice is yours.
Prepare for Retirement
As any good financial adviser will tell you, you need a balanced portfolio in order to protect yourself from risk. Selling your business is a great way to diversity your assets and prepare for the next stage of your life.
How MKL Can Help Your Agency
MKL represents insurance agencies and books of business in all 50 states. Why settle for local or regional representation when you have a national presence?
We’re Fluent in Insurance:
We understand exactly what owners like you go through on a daily basis and know what you need in order to achieve success.
This is All We Do
All we do, 365 days a year, is help maximize the value and broker the purchase and sale of insurance agencies and books of business.
We can help you sell your book of business
How should you run your agency to best position yourself “if” you ever consider what to do with the Agency or Book of Business you have built and consider the process of selling?
The future is something we seldom think about…
Most Insurance Agents and Brokers like you are focused on the “now”, but as time passes, goals and personal needs change and your thoughts may run to how to monetize the Agency or Book of Business you have built… You may wonder if there is value to your business “without” you and “if” you can walk away while maximizing this asset you have worked hard to create over the years.
MKL Agency Broker works with people like you on a daily basis, with total confidentiality, working coast to coast throughout the USA, assisting and guiding Insurance Agents and Brokers to successful transfers of their Agencies and Books of Business to qualified, cash buyers.
Question: How should you run your agency to best position yourself “if” you ever consider what to do with the Agency or Book of Business you have built and consider the process of selling?
The keys to the determining the sale price of your business as well as justifying this sale price to qualified Buyers is to confirm the revenue stream generated by your renewals and this is done with Profit & Loss statements as well as Carrier Commission Statements and of course showing the top line revenue that appears on your Tax Returns.
If you are going to explore the process of selling your Agency or Book of Business, you need to be aware that these items are very important and critical to finding the right Buyer and getting top dollar for your business.