Best Practices
ContentsBest Practices GatewayReagan Consulting
 
  2011 Best Practices Study
  Agencies with Revenues Under $1,250,000
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: $783,786
B. Population Density of Metropolitan Areas Where Home Office is Located
  Average +25% Profit +25% Growth
Less than 50,000 48.6% 42.6% 43.9%
50,000 – 250,000 27.0% 27.7% 28.1%
250,000 – 1,000,000 13.5% 17.0% 17.5%
More than 1,000,000 10.8% 12.8% 10.5%
C. Corporate Structure
C 36.1% 34.8% 34.5%
S 50.0% 50.0% 47.3%
Partnership 2.8% 2.2% 3.6%
LLC 8.3% 10.9% 12.7%
Sole Proprietorship 2.8% 2.2% 3.6%
Average Number of Agency Locations (Main Offices and Branch Offices) 1.4 1.1 1.6
# of States Offices are Located in 1.0 1.1 1.1
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) 1.9 2.3 2.0
High 6.0    
Low 1.0    
E. Ownership Percentage
% Owned by Largest Shareholder 79.2% 71.6% 86.3%
High 100.0%    
Low 30.0%    
F. Shareholder Age
Current Age of Largest Shareholder 52.2 51.6 51.6
 
 
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