Incorporate for Future Sale of Agency?

tx_native

New Member
1
I have a P&C agency that I am planning on selling in 2 years. currently being run as a DBA. should i incorporate and have all the agency contracts changed to corporate name so that its easier to sell or does it matter? i want to avoid somebody trying to cherry pick my book of business because i will only sell as all or nothing. what do acquiring agencies prefer?
 
I have a P&C agency that I am planning on selling in 2 years. currently being run as a DBA. should i incorporate and have all the agency contracts changed to corporate name so that its easier to sell or does it matter? i want to avoid somebody trying to cherry pick my book of business because i will only sell as all or nothing. what do acquiring agencies prefer?

I wouldnt go thru the hassle. I dont think anyone will really care one way or the other. You just need to let them know its an all or nothing sale.
 
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