2003 Best Practices Study
Analysis of Agencies with Revenues Between $5,000,000 and $10,000,000
AGENCY CHARACTERISTICS
A. Average Total Revenues
$8,411,432
Average
+25% Growth
B. Corporate Structure
+25% Profit
C S
50.0% 42.9%
48.6% 45.7%
47.6% 47.6%
Partnership
0.0% 7.1% 0.0%
0.0% 5.7% 0.0%
0.0% 4.8% 0.0%
LLC
Sole Proprietorship
Average
+25% Profit
+25% Growth
C. Shareholders
Number of Shareholders
7.8
6.0
5.5
High Low
29.0
1.0
50.6% 100.0% 11.4% Average
+25% Profit
+25% Growth
D. Ownership %
% Owned by Largest Shareholder
55.1%
67.5%
High Low
Average
+25% Profit
+25% Growth
E. Shareholder Age
Current Age of Largest Shareholder
54.8
53.8
51.7
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
10.7% 10.7% 39.3% 39.3%
14.3% 11.4% 40.0% 34.3%
14.3%
9.5%
42.9% 33.3%
Page 68 2003 Best Practices Study
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