You may be wondering what Agency Financial Management is? Agency Financial Management is a tool to help an agency protect its own assets and achieve its primary goal of making a profit by helping clients minimize risk. It’s so much more than balancing a spreadsheet to budget, although that is important, too.

Without good financial management, owners can work hard, build sales and have a less than average agency. This class will teach you how you can work just as hard but use good financial management techniques in order to outperform the competition.

This 6 hour class explains what smart Agency Financial Management involves, what smart agency management avoids, as well as:

• A Financial Plan – Five steps to Sound Financial Management including:
  •      a. Expense control
  •      b. Income & Expense Analysis
  •      c. Income Safeguards & Controls
  •      d. Automation
  •      e. Taxes
• What you need to know about Safeguarding Agency Cash Flows specific to Agency Operations
• How good financial management increases your agency’s value, including in-depth descriptions of four commonly used value definitions
• Which strategy is the best strategy for your agency: Acquisitions or Developing Producers