18 / 113
Analysis of Agencies with Revenues Less than $500,000
18 of 113
Analysis of Agencies with Revenues Less than $500,000
In previous studies this study group of agencies represented two separate revenue groups—
Under $250,000
and
Between $250,000 & $500,000
. Since the
1999 Best Practices Study Executive Update
has tracked the
results only of agencies included in the
1998 Best Practices Update
, many of the agencies in the
Under
$250,000
now have revenues that exceed the category size. The two groups are now combined into this
new category. Agencies in this group have average total revenues of
$308,607
.
I. Agency Characteristics
A. Corporate Structure
C
52.4%
40.7%
42.4%
S
33.3%
40.7%
39.4%
Partnership
4.8%
3.7%
3.0%
LLC
0.0%
0.0%
0.0%
Sole Proprietorship
9.5%
14.8%
15.2%
B. Shareholders
Number of Shareholders
1.8
2.3
2.7
High
6.0
Low
1.0
C. Ownership %
% Owned by Largest Shareholder
70.8%
64.6%
55.2%
High
100.0%
Low
44.0%
D. Shareholder Age
Current Age of Largest Shareholder
52.0
50.3
53.0
E. Population Density of Metropolitan Area Where Home Office Is Located
Less than 50,000
71.4%
74.1%
78.8%
50,000 - 250,000
19.0%
14.8%
12.1%
250,000 - 1,000,000
9.5%
11.1%
9.1%
More than 1,000,000
0.0%
0.0%
0.0%
Average
Average
Average
Average
Average
+25% Growth
+25% Profit
+25% Profit
+25% Growth
+25% Profit
+25% Growth
+25% Profit
+25% Growth
+25% Profit
+25% Growth