Denver, CO: The Trusted Choice Disaster Relief Fund donated $5,000 to support the victims of the Marshall Fire that destroyed 1,000 in Colorado on December 27, 2021. The funds were distributed to community members who lost their homes because of the fire.
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Month: February 2022
Key Components of a Perpetuation Plan
It is no secret that over half of the agency owners today are at or nearing retirement age. Current agency owners are facing a transition in their agency within the next 5-10 years.
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How to build community in the work-from-home world
It seems like just yesterday that highly visible companies like Twitter and Google announced they were moving to a fully remote work environment. What began as an experiment quickly transformed work as we knew it, as many companies moved to a remote model and discovered that employees completed more work in the same – or less – time.
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Help Your Agency Thrive With The Catalyit Success Journey™
Technology is no longer just a backroom activity that keeps the computers running. Tech is a profit center! What software you use, what tools, integrations, processes, and data you harness are all critical in driving profit.
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The Power of Knowing Your Agency’s Value NOW
It is no secret in the insurance industry that we face a significant transition of ownership in the next 5-10 years as over half of the agency owners are nearing retirement. Historically, there has been a belief that agency owners do not need to know their value until they are ready to make that transition. In addition, many agency owners have assumed a value of 1.5x-2x revenue for their agencies without actually knowing their fair market value. This type of thinking is dangerous.
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