Allstate would like to see you have $100k available to get your business up and running. Note, Allstate does not take possession of your capital. Rather we just want to make sure you have enough money for the following: Start-up costs, including location improvements, licensing and computer equipment purchases. Daily operating expenses, such as rent and staff salaries during the first few months when cash inflow is developing. Personal living expenses while you’re attending Allstate’s education program. Purchasing leads and advertising to promote your agency.

See also: Top 30 Educational Business

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5. How long does it take to open an agency?

6. The right choice

The advantages of choosing insurance can really add up:
In demand. While some businesses are at the mercy of market fluctuations, insurance is something most people need. Revenue you can rely on. You receive a commission both when a policy is written and when it’s renewed.
No wasted income.

Without an inventory, you don’t need to worry about losing money to storage, spoilage or waste.

7. Maximize your earning potential

One thing we do to give you room to grow is remove the
ceiling. With no caps on what you can earn, the sky’s the
limit for your bottom line.

Read on: Is a Hotel Business Profitable?(Yes, Read on 50 tips)

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8. No franchise or royalty fees

Unlike other small business opportunities, Allstate doesn’t require franchise or royalty fees to open an agency. All that we ask is that you have a minimum amount of liquid capital to get your business up and running. Note, Allstate does not take possession of your capital.

9. Great compensation

They give you a highly competitive commission structure, plus
the recognition and production incentives to back it up.

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10. Build a legacy

As an Agency Owner, you own an economic interest in the business. This gives you the freedom to sell to a qualified
buyer or back to Allstate. You also have the opportunity to pass it on to your children or another family member.
One of the most recognized brands in America Two-thirds of people recognize the Allstate Good Hands® tagline. That’s a pretty big brand that has your back.
For over 85 years, Allstate Agency Owners have had this respected brand behind them every step of the way.

If you’re looking to build a future and not just thinking short term, few small business opportunities offer the profit potential of being an Allstate Agency Owner. Many ways to earn Allstate’s portfolio won’t box you in. It gives you the opportunity to sell a wide range of products, from auto to home and business to life. Plus, when you partner with an Allstate personal financial representative, you can write policies for life, retirement and education savings to receive even more commissions and bonuses. The more you sell, the more you earn.

See also: 18 Tips to Start Borehole Drilling Business

11. A-list advantages

• Base commission
• Constant stream of revenue from renewal commissions
• Start-up and annual bonuses
• Opportunity to own more than one location

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12. Hard work pays off

As an Agency Owner, your hard work could qualify you for a
variety of rewards and perks.
• Attend once-in-a-lifetime trips and events around the world
• Network with fellow Agency Owners at business forums
across the country