Elevating Independent Insurance Agents with Professional Bookkeeping

In honor of World Entrepreneur Day, we're delving into the world of Paige Storman, a seasoned bookkeeping professional with experience in helping independent insurance agents manage their business' finances. As a self-reliant and entrepreneurial business owner of PS Virtual Bookkeeping, Paige understands the hesitation an agent may feel in opening up their finances to an outsider. With that in mind, her expertise can transform agency bookkeeping, leaving agents free to do what they do best.


Q: What is your approach to bookkeeping for independent insurance agents?

I understand that independent insurance agents are masters of wearing many hats. My approach is all about collaboration and gradual transition. I respect the autonomy that agents value while providing professional bookkeeping support. It's about finding that sweet spot where they can focus on growth and client relationships without being overwhelmed by financial tasks.


Q: Maintaining autonomy is crucial for these entrepreneurs. How do your services empower them rather than limit their control?

Autonomy is a core principle of entrepreneurship. My services are designed to enhance that autonomy and to complement their existing operation. By outsourcing bookkeeping tasks, agents can redirect their energy toward what matters most: building client relationships and growing their business. They retain the final say in financial decisions while benefiting from the insights and clarity that professional bookkeeping brings.


Q: How do you ensure a smooth transition for agents who are hesitant to delegate bookkeeping tasks?

Transitioning is a gradual process. I work closely with agents to understand their comfort level and pace. They must feel in control and see the benefits of professional bookkeeping without feeling like they're giving up control. My services are flexible and customizable – whether they need weekly, monthly, or quarterly support, it's all about fitting into their unique workflow.


Q: Financial insight is crucial. How do you help agents understand their business's financial health without overwhelming them?

Financial reports can be daunting but are essential for making informed decisions. I provide comprehensive information in a user-friendly format, focusing on the key metrics that matter most to agents. This way, they can quickly grasp the health of their business without diving into complex spreadsheets.


Q: What advice would you give to independent insurance agents considering embracing professional bookkeeping but are hesitant to do so?

  • Embrace change as a tool for growth.
  • Remember that transitioning doesn't mean losing control; it means gaining a partner who understands your unique challenges.
  • Start small, perhaps with a monthly support plan, and see the difference it makes.
  • Start sooner rather than later and take advantage of the positive influence having your business’ finances in order can have on your success.

Ultimately, it's about finding a balance that enhances your business while allowing you to keep doing what you do best.


Q: How can agents get in touch with you to learn more about your services?

I'd be delighted to connect with independent insurance agents who are curious about how professional bookkeeping can transform their businesses. They can visit my website at PSVirtualBookkeeping.com or reach out via email at info@psvirtualbookkeeping.com. I'm here to guide them through the process and show them how embracing change can lead to lasting success.