I am already an independent agent (part time) with a couple of companies. I would like to start an agency & contract or hire agents to work through my company. Just would like to have an idea of the mountain of paperwork to get incorporated (if needed) and get started & making sure they have E&O & all that good stuff.
Plus how expensive is it for the filing of the papers & fees?
2007-01-08 07:36:43 · 1 answers · asked by ricks 5 in Business & Finance ➔ Small Business
The best routes to take are to research the process of starting a business as well as the industry you're interested in.
I recommend checking out the SBA, Entrepreneur, The Start Up Journal & Nolo. All 4 are great informational resources for the new/small business owner. I posted links for you in the source box.
Associations may be a good avenue to explore. These organizations will address many of the thoughts, questions and concerns you'll inevitably have as well as many you haven't anticipated yet. See the source box for some relevant links.
Research, research, research – this cannot be stressed enough. Read as much as you can about the industry. Here are some book titles that are relevant:
* 10 Steps to Success: A Commonsense Guide to Building a Successful Insurance Business by Daniel S Fowler
* Principles of Principled Life Insurance Selling by Ned Ricks
* Life and Health Insurance License Exam Cram by Bisys Educational Services
There are plenty of free informational resources out there. Check the source box for links to articles.
Hope that helps! I wish you much success & happiness in all your ventures!
2007-01-09 05:59:38 · answer #1 · answered by TM Express™ 7 · 0⤊ 0⤋