If you have a passion for helping people sort their finances, are business savvy and willing to work hard, then perhaps setting up your own insurance company is the ideal solution for you. You never know, you could become as successful as Shawn Meaike, who currently owns the multi million-dollar agency Family First Life. As with any other business he had to begin from somewhere.
First thing to do is get your ideas down on paper and start brainstorming. Once you start writing, your ideas will then start to flow more naturally and develop.
You will need to ensure that you follow any necessary government rules such as acquiring the correct business licenses. This will vary depending on which state you live in. But you will certainly require both federal and state license business licenses and permits.
You will need to start shopping around for a good location for your office space. With the assistance of a Commercial Real Estate Agent, they can endeavour to help you find the correct business space that is necessary for your needs. They are knowledgeable in the property market and will be able to assist accordingly, so it will be worth spending the money to ensure you obtain the correct location.
Without a doubt, being able to inject money into your business is most certainly essential. If you do not put enough money into starting up your business then you are going to struggle sooner than you think. The average amount to begin a startup is considered to be at least $10,000.
Create a Website
The next thing you will need to organize is a website that perfectly describes your business, provides essential information and contact details. It also needs to incorporate your brand and ethos. If you are not skilled in this area then you will certainly require the help of a professional website designer who will be able to create the ideal website to advertise your business.
Promoting your business on social media is a must in 2021. With over 44% of people using social media to research brands, you need to be on this platform to be able to target your key demographic. It will not cost you anything to create a business page on Facebook or Instagram, and will allow you to interact with potential consumers whilst also promoting your brand.
In order for your business to appear on search engines, by utilizing an SEO (Search Engine Optimization) company they will be able to ensure that the keywords that relate to your brand can appear on the first page of the search engine, which is the ideal place to be. Consumers rarely scroll past the first few options on a search engine let alone the first page. So the higher up you are on the list, the better to promote your new Insurance Agency.