Brainyard delivers data-driven insights and expert advice to help businesses discover, interpret and act on emerging opportunities and trends. Your insurance agency plan must define your business strategy if you plan to seek financing. Essentially, your plan needs to be useful to you and intriguing to investors. Hours – One of the immediate benefits of business management is having control of one’s life. Though the beginning of entrepreneurship may be rough, the ability to be in charge and have the capacity to set your times and schedules for your work and business is a reward of inestimable value. People are encouraged and motivated to venture into the insurance industry because of the profitability of the industry, and also because of the point that despite the fact that the industry is saturated, there are still more rooms to create your own unique insurance products or even partner with bigger insurance companies if you are able to successfully build your own insurance company to a certain success level.