The Agency Profit Playbook: Aligning Finances with Future Goals
Update: 2024-03-13
Description
In this episode of Power Women In Insurance, Teresa Kitchens is joined by Colby Allen, Consultant and Financial Analyst at AgencyFocus. Teresa and Colby discuss what is profit and how to use it to get you where you want to go in your business.
Key Topics:
- The role and impact of financial consulting for independent insurance agencies
- Understanding and defining profit for your agency
- The importance of aligning personal values with business financial decisions
- Strategies for budgeting and financial planning to achieve your goals
- Differentiating between core and non-core income for a more accurate financial picture
- The significance of intentional decision-making in business growth and sustainability
- Personal reflections on the emotional aspects of discussing and managing business finances
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