Supporting On-Going, Maturing Businesses
You’ve come a long way, friend! Considering how many start-ups never take off, you deserve to feel proud of your skill at creating and sustaining a business. At this stage, you’re still focused on growth, while wanting to ensure sustainability and stability.
When businesses leave the start-up stage, they typically start to grow. Although a company can always use more cash, most growing firms can get by on their own limited resources. The business owner understands his or her business at this point, as well as the key competitors. Major customers have been identified. Often, additional help is needed in production, manufacturing, operations, or sales. Ideally, during this stage, consumer demand is established and increases, the company experiences increasing sales, profit margins increase, and a market is established.
Talk with one of our agents to learn more.
Depending on your line of work, you’ll probably need a suite of insurance products:
- Employee Benefits Expanded: At this point you have developed a great group of loyal employees who have helped build your business into what it is today. Whether your business is small or large, it might be time to consider adding or replacing certain coverages your employees may need most. At Hibbits, we work hard every year for our clients to make sure the benefits plans in place are suitable and affordable.
- Key Man Insurance: A company purchases a life insurance policy on the key employee, pays the premiums and is the beneficiary of the policy. If that person unexpectedly dies, the company receives the proceeds to offset any loss of revenue and/or the expense of replacing the Key Man.
Not sure if you have the best rate? Haven’t heard from your broker in a while? Contact Hibbits for an initial no cost review.
"We here at AGRU America, Inc. have been very please with the service Hibbits Insurance has given us over the years. We call with questions and are assisted quickly. They always listen to our ideas and concerns, and then address them accordingly. Everyone at Hibbits Insurance has become part of our family."
Vicki Thorton, CFO, AGRU America, Inc.