Best Practices
ContentsBest Practices GatewayReagan Consulting
 
  2011 Best Practices Study
  Agencies with Revenues between $1,250,000 and $2,500,000
ProfileRevenuesExpensesProfitabilityEmployee OverviewProducer InformationStaff Service InformationTechnologyInsurance CarriersAppendix
Population Density / Corporate Structure / Shareholder Info   |   Parent Corporation

 
Profile (of Agencies in this Study Group)
A. Average Total Revenues: $1,876,616
B. Population Density of Metropolitan Areas Where Home Office is Located
  Average +25% Profit +25% Growth
Less than 50,000 41.2% 46.5% 44.2%
50,000 – 250,000 32.4% 30.2% 30.8%
250,000 – 1,000,000 5.9% 4.7% 3.8%
More than 1,000,000 20.6% 18.6% 21.2%
C. Corporate Structure
C 32.4% 34.9% 34.6%
S 47.1% 44.2% 42.3%
Partnership 2.9% 2.3% 3.8%
LLC 17.6% 18.6% 19.2%
Sole Proprietorship 0.0% 0.0% 0.0%
Average Number of Agency Locations (Main Offices and Branch Offices) 1.7 1.6 1.7
# of States Offices are Located in 1.0 1.0 1.0
Agency has an ESOP 0.0% 0.0% 0.0%
% of Stock Owned by ESOP 0.0% 0.0% 0.0%
  Average +25% Profit +25% Growth
D. Shareholders
Number of Shareholders (excl ESOP) 2.8 3.3 1.8
High 8.0    
Low 1.0    
E. Ownership Percentage
% Owned by Largest Shareholder 68.4% 61.0% 66.3%
High 100.0%    
Low 25.9%    
F. Shareholder Age
Current Age of Largest Shareholder 54.3 53.4 56.1
 
 
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