Agency Intelligence: The Insurance Podcast Network

Power Women In Insurance: Knowing Your Numbers: Balance Sheets and Business Ownership

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In this episode of Power Women In Insurance, Teresa Kitchens is joined by Colby Allen, Consultant and Financial Analyst at AgencyFocus.


Colby shares his deep knowledge of financial statements like profit & loss and balance sheets, and they discuss how important it is to understand money matters for running a business, and why knowing your financial numbers is key for making smart choices in business and life.


Key Topics:

  • The role of financial statements in business ownership
  • Navigating the complexities of P&L statements and balance sheets
  • The significance of knowing your numbers for strategic decision-making
  • Strategies for effective financial planning and risk management
  • The impact of financial literacy on personal and business growth
  • Understanding the value of your agency and preparing for future transitions
  • The importance of professional guidance in financial management


    • Connect with:

    • Colby Allen
    • Teresa Kitchens


      • Visit Websites:

      • AgencyFocus
      • Sterling Insurance Group


        • Produced by Podsquad.fm

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