2003 Best Practices Study
Analysis of Agencies with Revenues Between $2,500,000 and $5,000,000
AGENCY CHARACTERISTICS
A. Average Total Revenues
$3,854,542
B. Corporate Structure
Average
+25% Profit
+25% Growth
C S
50.0% 46.7%
50.0% 47.4%
47.8% 50.0%
Partnership
0.0% 3.3% 0.0%
0.0% 2.6% 0.0%
0.0% 2.2% 0.0%
LLC
Sole Proprietorship
Average
+25% Profit
+25% Growth
C. Shareholders
Number of Shareholders
3.7 8.0 1.0
3.1
3.4
High Low
56.0% 100.0% Average
+25% Profit
+25% Growth
D. Ownership %
% Owned by Largest Shareholder
64.2%
66.7%
High Low
5.2%
Average
+25% Profit
+25% Growth
E. Shareholder Age
Current Age of Largest Shareholder
53.0
53.4
53.9
F. Population Density of Metropolitan Area Where Home Office Is Located
Average
+25% Profit
+25% Growth
Less than 50,000 50,000 - 250,000 250,000 - 1,000,000 More than 1,000,000
13.3% 30.0% 30.0% 26.7%
15.8% 28.9% 31.6% 23.7%
15.2% 28.3% 28.3% 28.3%
Page 54 2003 Best Practices Study
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