When considering the long-term potential of divesting an enterprise while preserving its operation, the principals have a lot to consider. Succession Plans take on many forms. In the insurance brokerage industry, most Perpetuation Plans fall into two categories,...
In today’s post we discuss the 4th of July events and explain how your insurance agency can retain its significance even when it is being sold. Last weekend marked the 4th of July and it was celebrated in style throughout the country. While some people opted...
What do you mean when you state, “We are trying to achieve a “True Partnership”? Sukay & Associates offers free valuations of insurance agencies that meet certain criteria and can provide the limited information needed to accomplish the task. Many if not all of...
Sukay & Associates is asked frequently to provide valuations for current and perspective clients. To the best of my knowledge, we are the only advisory firm that provides free insurance agency valuations to qualifying agencies. We also provide this service...
When it comes to small businesses, no other sector has as much competition as the independent insurance agency market. That means that the demand for independent agencies is greater than the available supply. These five tips on buying an insurance agency can help you....
The two certainties in life are death and taxes. The two certainties in insurance agencies sales are that buyers will want to talk about their culture and sellers will be interested in multiples. Buyers will want to pay as little as possible, and sellers will want to...