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Q: Can I use virtual address for LLC?<\/strong><\/p>\n\n\n\n A:<\/strong> Yes! A virtual address is a physical location that receives mail for you and can serve as an official business address for your company. To use a virtual address for LLC registration just choose a plan then use your new virtual address on your articles of organization.<\/p>\n\n\n\n If you’re looking for affiliate marketing opportunities, read on!<\/strong><\/p>\n\n \n Alliance Virtual Offices runs its own affiliate program working with online publishers,\n business consultants, bloggers, and content creators who promote Alliance and refer small\n businesses to our virtual office services.\n <\/p>\n\n If this sounds like a good fit for you, we\u2019d love to hear from you.<\/strong><\/p>\n\n \n \n Affiliates at Alliance Virtual Offices can earn\n up to $550<\/span><\/em> per sale\n <\/strong>\n through the program.\n <\/p>\n\n \n \n \n Download the Commission Breakdown\n <\/a>\n <\/p>\n\n <\/div>\n\n \n Want to talk about insurance?<\/p>\n\n\n\n *Groan*<\/p>\n\n\n\n Okay, probably not. Because let\u2019s be honest, most of us pay our insurance premiums begrudgingly. We do it because we have to, not because we want to.<\/p>\n\n\n\n But even though insurance may be considered a \u2018necessary evil\u2019, the majority of people readily insure the things that matter most to them. It\u2019s comforting to know that we\u2019re financially covered should the worst happen.<\/p>\n\n\n\n In short, we pay for peace of mind.<\/p>\n\n\n\n Of course, these days there is insurance for just about anything. Smartphone, coin collection, concert tickets, travel luggage, shoes, the list goes on.<\/p>\n\n\n\n That means the insurance industry is rich with opportunities to provide tailored coverage for virtually anything. If someone holds it dear, it\u2019s worth insuring.<\/p>\n\n\n\n So what about your life?<\/p>\n\n\n\n As insurance-worthy items go, life cover is surely top of the list.<\/p>\n\n\n\n And yet, it\u2019s a surprisingly challenging space to operate in.<\/p>\n\n\n\n That\u2019s what Alexandra discovered when she started her own business in 2018, Monument Insurance Group*<\/strong>, specializing in final expense life insurance.<\/p>\n\n\n\n Alexandra moved to the US from Venezuela in 2014 and worked for several years as a District Manager for a large life insurance company, LH Insurance Group (name edited)<\/em>.<\/p>\n\n\n\n Alexandra later set up her own business as an affiliate agency partner to LH Group.<\/p>\n\n\n\n Although Alexandra had many years of experience in the insurance industry, she encountered numerous challenges during her startup journey.<\/p>\n\n\n\n She has overcome some of these challenges with the help of a Virtual Office, and during a phone call with Alliance, Alexandra told us about some of the important lessons and experiences she has encountered along the way.<\/p>\n\n\n\n Good news is, she is happy to share her story in order to help other businesses who are just starting out. So if you\u2019re wondering how to start and grow a company with limited resources, you\u2019ve come to the right place.<\/p>\n\n\n\n Here\u2019s Alexandra\u2019s story.<\/p>\n\n\n\n *Personal and business details have been edited.<\/em><\/strong><\/p>\n\n\n\n Alexandra\u2019s entrepreneurial journey hasn\u2019t been easy.<\/p>\n\n\n\n Starting a business and getting accustomed to the legalities and terminologies of entrepreneurship is tricky enough. Double that when English is your second language.<\/p>\n\n\n\n However, that\u2019s where setting up as a partner to a long-standing brand with an established affiliate program has helped.<\/p>\n\n\n\n It gave her the support she needed to get started quickly, allowing her to lean on LH Group for advice or support during the setup process.<\/p>\n\n\n\n At the same time, she could still maintain the freedom to create her own brand and enjoy the flexibility she has always wanted to run her own business, her way.<\/p>\n\n\n Like many entrepreneurs, Alexandra wanted the freedom and flexibility to work for herself, build a brand, and grow her own business.<\/p>\n\n\n\n That was one of the main motivations for becoming her own boss.<\/p>\n\n\n\n Another motivation for setting up on her own is that she has always wanted to help people achieve financial freedom and security by choosing the right type of insurance.<\/p>\n\n\n\n As every insurance customer knows, choosing an insurance provider — let alone the appropriate level of cover that matches your needs and budget — can be incredibly difficult.<\/p>\n\n\n\n According to Emilie R. Goldman, a financial planner in San Mateo, California, choosing a life insurance policy<\/a> \u201cis one of those things that people put off\u201d.<\/p>\n\n\n\n That\u2019s because most people think they already have enough coverage through their workplace benefits program.<\/p>\n\n\n\n Few people bother to check whether it provides ample cover. Even if it doesn\u2019t, many people delay topping it up, either because of the extra cost or simply the hassle of selecting a provider.<\/p>\n\n\n\n For Alexandra, this reluctance to talk or even think about life cover is one of the top challenges she experiences in her business.<\/p>\n\n\n\n And since her particular niche is end-of-life cover and funeral expenses, people are even less motivated to talk about it.<\/p>\n\n\n\n It feels too far away.<\/p>\n\n\n\n Too final.<\/p>\n\n\n\n We\u2019re only human after all, and this is a common characteristic shared by the majority of clients Alexandra works with.<\/p>\n\n\n\n But it\u2019s not just a \u2018head in the sand\u2019 mentality.<\/p>\n\n\n\n It\u2019s also a cultural challenge.<\/p>\n\n\n\n Alexandra told us that she finds Hispanic clients particularly challenging to work with. She believes that many aren\u2019t given enough choice over the type of insurance available, and are put off by the lack of appropriate cover or the cost. Or both.<\/p>\n\n\n\n Therefore much of her role is focused on educating people about the importance of life insurance and the range of options available.<\/p>\n\n\n\n This was another reason why Alexandra wanted to set up her own business.<\/p>\n\n\n\n She wanted to utilize her years of experience from LH Group to help people understand the necessity of life insurance, and help make those difficult decisions a little easier.<\/p>\n\n\n As an affiliate agency partner, Alexandra operates her business under her own brand and earns commission by marketing and selling LH Group\u2019s products and services.<\/p>\n\n\n\n Alexandra started her business in 2018 as a sole proprietor<\/a> based at home.<\/p>\n\n\n\n Since then, she has grown her business to cover four States: Utah, Florida, Texas and Nevada.<\/p>\n\n\n\n In addition to selling insurance in these locations, she also trains people to become sales agents, enabling her to expand her reach and sell more products.<\/p>\n\n\n\n Therefore Alexandra\u2019s mission is two-fold:<\/p>\n\n\n\n Currently, she manages a geographically dispersed team of 30 people who operate across Utah, Florida, Texas and Nevada.<\/p>\n\n\n\n Demanding much?<\/p>\n\n\n\n Yes.<\/p>\n\n\n\n Both of these roles require a significant amount of in-person communication and therefore plenty of travelling.<\/p>\n\n\n\n Alexandra works around her clients\u2019 schedules, and it\u2019s not uncommon for her to work 12-14 hours a day.<\/p>\n\n\n\n Under normal circumstances, she would travel to customers\u2019 homes to carry out consultations. For training, she would book a large meeting room<\/a> for one or two days, sometimes more.<\/p>\n\n\n\n Of course, during the pandemic much of this work was carried out virtually; currently she works from home and uses online video and presentation tools to meet with clients or agents.<\/p>\n\n\n\n Now, Alexandra is able to resume at least some of her visits and training schedules, which she finds is much more successful than setting up calls over video.<\/p>\n\n\n\n That\u2019s because meeting people in-person<\/a> feels much more human.<\/p>\n\n\n\n It helps build a more friendly and personal relationship that video simply can\u2019t replace — particularly when the subject matter focuses on sensitive conversations around end-of-life care.<\/p>\n\n\n\n Plus, the language barrier means that Alexandra finds face-to-face communication much easier than telephone or video calls.<\/p>\n\n\n\n We all know how a spotty connection or Internet lag can make conversations much more difficult to understand, and that challenge is amplified when conversing in a second language.<\/p>\n\n\n If you\u2019re wondering how many immigrants start their own business in the U.S., it\u2019s about 3.2 million.<\/p>\n\n\n\n According to the New American Economy<\/a> (NAE), research released in March 2019 found that immigrant-owned businesses employed almost 8 million American workers and generated $1.3 trillion in total sales.<\/p><\/div><\/div><\/div><\/div><\/div>\n<\/div><\/div><\/div><\/div><\/div>\n\n\n\n According to the New American Economy<\/a> (NAE), research released in March 2019 found that immigrant-owned businesses employed almost 8 million American workers and generated $1.3 trillion in total sales.<\/p>\n<\/div><\/div><\/div><\/div><\/div><\/div>\n\n\n\n This data shows the \u201ccentral role immigrants play in every state in the union as workers, consumers, entrepreneurs, and homeowners,\u201d said John Feinblatt, President of New American Economy. \u201cThe findings show that immigration creates an economic opportunity \u2014 creating jobs, filling workforce gaps, and helping communities thrive.\u201d<\/p>\n\n\n\n To realize these opportunities, Alexandra is working to overcome numerous challenges.<\/p>\n\n\n\n Long hours and hard work are all part of the journey. Language is one more obstacle<\/a> that she\u2019s working to overcome — and she\u2019s getting there, one day at a time.<\/p>\n\n\n\n She has already come a long way in an incredibly short space of time.<\/p>\n\n\n\n In just two years, she has started her own business and is now operating across four states.<\/p>\n\n\n\n She is managing a team of 30+ people.<\/p>\n\n\n\n She has continued to operate successfully during a pandemic.<\/p>\n\n\n\n And she is doing all this while learning English as a second language.<\/p>\n\n\n\n Add to that, A recent report by McKinsey<\/a> (September 2020) acknowledged that life insurers have experienced increasing challenges over the past decade.<\/p>\n\n\n\n
\n\n\n\nEarn with Alliance Virtual Offices<\/h2>\n\n
![\"Affiliate](\"https:\/\/live-alliance-virtual-office-blog.pantheonsite.io\/wp-content\/uploads\/2023\/09\/Earn-Money-with-the-Alliance-Virtual-Offices-edited.png\"\n)
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\n\n\n![\"\"](\"https:\/\/www.alliancevirtualoffices.com\/virtual-office-blog\/wp-content\/uploads\/2021\/05\/02-Story-of-Insurance-Startup.png\")
<\/figure>\n<\/div>\n\n\nThe Story of an Insurance Startup<\/h2>\n\n\n\n
![\"\"](\"https:\/\/www.alliancevirtualoffices.com\/virtual-office-blog\/wp-content\/uploads\/2021\/05\/05-Cultural-Challenges.png\")
<\/figure>\n<\/div>\n\n\nCultural Challenges<\/h3>\n\n\n\n
![\"\"](\"https:\/\/www.alliancevirtualoffices.com\/virtual-office-blog\/wp-content\/uploads\/2021\/05\/06-Business-Structure.png\")
<\/figure>\n<\/div>\n\n\nBusiness Structure<\/h3>\n\n\n\n
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![\"\"](\"https:\/\/www.alliancevirtualoffices.com\/virtual-office-blog\/wp-content\/uploads\/2021\/05\/07-Immigrant-Business-Owners.png\")
<\/figure>\n<\/div>\n\n\nThe \u201ccentral role\u201d of Immigrant Business Owners<\/h3>\n\n\n\n
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