Do you face family run insurance agency challenges?
For some working with family is a a great experience. For others, its a battle every day. In every business relationship there are always struggles, fights and disagreements. When you add in family there is another layer of expectations and feuds. So how can you make a family run insurance agency work?
It takes a plan and strategy as well as discipline and intention. Family owned insurance agencies are often legacy businesses, with the family name on the door and a promise of excellence. Succession planning and leadership transition must be carefully planned for, and roles and responsibilities need to be clearly defined. It is also important to balance the family dynamics with professional responsibility and keep drama at home. Technology must be embraced, but not overused, and compliance and finances must be managed to ensure the agency’s success. External expertise should be sought when needed, and clear guidelines should be established to ensure everyone understands where the money is going.
Bottom line if you work with family you have family run insurance agency challenges. And we can help you tackle them!
Check out the APP Resources on Top 5 Family Run Insurance Agency Challenges:
- Check out our blog on Top 5 Family Run Insurance Agency Challenges: https://bit.ly/44gv6Z5
- Get our FREE Sample Family Contract (avoid those family arguments): https://bit.ly/424Qr5W
- Get our Agency School @ 10% off with code: BACKTOSCHOOL https://bit.ly/3NGJ7dg
- Book A Meeting: https://bit.ly/3I8H0v8
- Are you looking for insurance training to grow your insurance agency? https://www.agencyperformancepartners.com/work-with-us/
