At some point during their career, many insurance agency owners think about buying or selling an agency. Many unfamiliar issues must then be addressed in detail. Should the deal structure be asset or stock based? What are the tax and liability implications? Price, terms, tax allocation, and tax impact of the deal structure are just some of the topics that must be taken into consideration. Optimum Performance Solutions has significant experience in this area and can assist you with identifying buyers or sellers, structuring the deal to minimize taxes, and negotiating the terms of the deal. We can provide you with sample documents and help you draft a preliminary Letter of Intent and Purchase Agreement. We can work with your legal counsel and tax advisors to help you maximize the value of the deal.
|Category||Agency Acquisition Brokers|
Designations include: Certified Public Accountant (CPA), Certified Insurance Counselor (CIC), Professional in Human Resources (PHR).
Author of Starting, Buying, Selling and Perpetuating Insurance Agencies.
Author of Managing Human Resources in an Insurance Agency.
Frequent contributor to multiple state and national insurance publications.
National faculty member of the Society of Certified Insurance Counselors.
Mergers and Acquisitions,