Best Practices
ContentsBest Practices GatewayReagan Consulting
 
  2011 Best Practices Study
  Agencies with Revenues between $2,500,000 and $5,000,000
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: $3,634,215
B. Population Density of Metropolitan Areas Where Home Office is Located
  Average +25% Profit +25% Growth
Less than 50,000 26.3% 27.1% 27.6%
50,000 – 250,000 34.2% 31.3% 32.8%
250,000 – 1,000,000 13.2% 10.4% 10.3%
More than 1,000,000 26.3% 31.3% 29.3%
C. Corporate Structure
C 26.3% 25.0% 22.4%
S 52.6% 52.1% 53.4%
Partnership 2.6% 4.2% 3.4%
LLC 18.4% 18.8% 20.7%
Sole Proprietorship 0.0% 0.0% 0.0%
Average Number of Agency Locations (Main Offices and Branch Offices) 1.7 1.8 2.0
# of States Offices are Located in 1.1 1.0 1.1
Agency has an ESOP 13.2% 10.0% 0.0%
% of Stock Owned by ESOP 73.8% 100.0% 0.0%
  Average +25% Profit +25% Growth
D. Shareholders
Number of Shareholders (excl ESOP) 3.0 3.4 2.4
High 7.0    
Low 1.0    
E. Ownership Percentage
% Owned by Largest Shareholder 59.6% 62.2% 59.9%
High 100.0%    
Low 12.0%    
F. Shareholder Age
Current Age of Largest Shareholder 54.2 59.2 55.2
 
 
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