In The Advantages of Strategic Advisory Boards For Agency Owners insurance agencies expert witness Andres Barile, MBA, CPCU, writes:
Accessing capital to grow your agency – For the geographical expansion of your wholesaler, you require additional capital. The strategic advisory board has already approved the expansion expenditure, and now turns to securing capital. Strategic advisory directors have access to expansion capital. The entire process of obtaining expansion capital must be done professionally, and is another area where strategic advisory directors can make a significant contribution.
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