The Business Brokage Firm Of Maiman, Keller & Lock (MKL) Offers Free Business Evaluations To Owners Of Insurance Agencies Throughout The State Of California - Insurance News | InsuranceNewsNet

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February 17, 2006
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The Business Brokage Firm Of Maiman, Keller & Lock (MKL) Offers Free Business Evaluations To Owners Of Insurance Agencies Throughout The State Of California

 

Tarzana, CA - February 15, 2006 - Michael Maiman, CEO of Maiman, Keller & Lock announced today that Maiman, Keller & Lock, (MKL) business brokers and consultants will offer FREE Business Evaluations for owners of Insurance Agencies. Maiman, Keller & Lock, based in Tarzana, California focuses on matching insurance agency buyers and sellers for optimum transactions for both. "Most business owners have no idea how much their business is worth," says Mike Maiman. "This is an opportunity for business owners to understand the value of their business in today’s market."

"We specialize in finding the best buyer for an insurance agency seller and vice versa. This process requires getting to know the seller, the seller’s agency, and a great number of other elements. We explore all of the intricacies of each business to better understand how it operates. Our aim is to make the very best match of buyer and seller as well as the smoothest possible transition of seller to buyer. We also advise sellers on how to realistically value the agency, financing and transition."

"Some of the deals we work on help current employees of the seller’s agency, who are not in a financial position to purchase the business, get the financial assistance they need for the purchase. We use our expertise, experience and contacts to help make this happen for the employee. Other cases we work on have agency owners who are not ready to sell their business but would like help in running and growing the agency. In this case we locate potential Partners for this agency owner who bring financial resources to the agency as well as their expertise in helping run the business."

Maiman, Keller & Lock not only match up buyers and sellers, but help buyers and sellers with a realistic evaluation, consulting and financing. "The best thing potential sellers can do is to keep meticulous records of their company.

Even the most lucrative company can be difficult to sell if records are not up-to-date and well kept," states Bob Keller, a partner at MKL. "A company should be set up as though the owner could go on vacation at anytime and it would function as smoothly as when he is on site. A great number of agencies that are for sale are by owners who wish to retire and spend more time with their families. As the baby boomers are quickly approaching retirement, this would see an increase in the number of businesses that are on the market", Mr. Keller continues.

CONTACT:

For more information regarding Maiman, Keller & Lock, please call Cherry Hepburn at 818/505-1104 or call Allie Lock , at 818.343.5544 X312

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