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Business Startup Opportunity

Company: Farmers Insurance
Location: Portsmouth
Posted on: November 27, 2019

Job Description:

DISCOVER A SMARTER STARTUP OPPORTUNITY. There are business opportunities and then there are Farmers business opportunities. If you are an entrepreneurial minded individual looking to build a business and invest in yourself, becoming a Farmers-- Agency Owner is one of the most exciting startup investment you can make. With over 90 years of experience and best-in-class training, Farmers has the knowledge to help you start up an independent business you can proudly call your own. THE PROCESSCapital Requirement Minimum of $50,000, $60,000, or $70,000 based on prospective office location--Background CheckSatisfactory results of background check--Licensing and TrainingProperty, Casualty, Life and Health licenses prior to agent appointmentTraining program through the University of Farmers----Branded Office LocationOffice location at time of full-time appointmentFully equipped and compliant with Farmers-- brand standards within four months of full-time appointment--Agency StaffMinimum of one licensed and appointed agency staff member at full-time appointment--THE BENEFITS Economic Interest Contract Value according to the terms of the appointment agreement--Sale of Service and Commission Rights Opportunity to sell service and commission rights--Agency Start-Up Bonus$10,000 bonus for establishment of branded office location within a specified time period after appointment--Monthly Marketing Bonus$300 per month if bonus qualification goals are met--Monthly Bonus Based on Net NB CommissionsBonus opportunity based on applicable monthly net new business commissions and applicable production for up to three yearsBonuses based on Life and Commercial commissions subject to specified maximum amounts--Annual Bonus Based on Net NB CommissionsBonus opportunity based on applicable 12-month net new business commissions and applicable production for up to three yearsBonuses based on Life and Commercial commissions subject to specified maximum amounts--Bonus Based on Reserve or Associate Program Net NB CommissionsOne-time bonus based on net new business commissions while on the Reserve Agent Program or Associate Agent ProgramBonuses paid subject to specified maximum amounts--WHERE DOES YOUR JOURNEY BEGIN? Contact us today to join other savvy entrepreneurs who are becoming Farmers Agency Owners.

Keywords: Farmers Insurance, Portsmouth , Business Startup Opportunity, Other , Portsmouth, Virginia

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