Increase Your Agency’s Profits with These New Year’s Resolutions

 In Becoming an independent insurance agent, Blog, Tips for Independent Insurance Agents

Resolutions to Boost Your Independent Insurance Agency’s Profits

How has this year been for your independent insurance agency? What things are you proud of and what others do you need to work on? These are all questions you must ask as you walk into a new year. We all want the next year to be better than the one before.

One of the goals of every business has is to be more profitable year after year. Whether you started your own independent insurance agency this year or have been an agency owner for years now, it’s always a good idea to work on a plan that helps you be more prosperous this coming year. Here are five New Year’s resolutions that can help you achieve that:

Be More Organized

From the little things, like file cabinets, to your overall work space, there’s nothing better than to start the year fresh with everything clean and organized. Get rid of paperwork you no longer need, replenish supplies and fix that chair that’s been creaking. That will help you be ready to start working as soon as you walk in the office.

Say Yes to Automation

If the majority of your processes are manual, it’s time to make a change. Identify those areas that will benefit from automation and make it happen. It will make your life so much easier, and your service so much more efficient.

5 New Year's Resolutions to Boost Your Independent Insurance Agency's Profits

Embrace Social Media

If you’re not already on social media, you are missing out. Most of your clients are quite possibly already there, and you need to be where they are. That is part of making yourself available and engaging with your clients. Hire someone for that purpose or assign someone in your office to take over. You won’t regret it.

Keep Your Financials Up to Date

If you’ve even been late with bookkeeping, you know it becomes a pain. Avoid that pain point this new year, catch up on your bookkeeping and keep your financials in check. Better organization means more accuracy.

Make Your Employees Feel Empowered

For you to have peace of mind as an independent insurance agency owner, you need to make sure your business runs smoothly, even when you’re not in the office. Empowering your employees is essential for this purpose. If you haven’t been working on this already, this is the time to start.

 

If your goal is to become a business owner this new year, this is where you start. Join AAI today!

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