Writing a business plan for an SBA loan to purchase my health insurance block of business. Help?
Frank asked:
Hello,
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Hello,
I have the opportunity to purchase my block of business from my agency for slightly less than 1X annual commissions. I just have a few questions for the other brokers/agents out there….
Are you aware of any sources to get industry reports, such as average broker client rentention - I am at 98%, I think the average is at 85%, but I need third party data?
June 26th, 2009 at 2:35 pm
The best way to write a business plan is to get an attorney who specializes in contracts to write it for you. It might cost you $1200-$1500, but it will be what you want.
June 29th, 2009 at 7:23 am
Contact the National Alliance for Insurance Education and Research at. If they don’t have the information, they can probably direct you to the right organization or person who does.
In terms of writing a business plan, there are plenty of software programs and books available to assist you with this and the National Alliance can also provide some resources on this.
Good Luck on getting your SBA funding and congratulations on your new Agency.
July 1st, 2009 at 1:48 pm
Dear ,
I will recommend you
Regards,