2006 Best Practices Study

AGENCIES WITH REVENUES BETWEEN $500,000 AND $1,250,000

PROFILE (of Agencies in this Study Group)

2006

A.

Average Total Revenues: $807,350

B.

Corporate Structure

PROFILE

+25% Profit

+25% Growth

Average

C

33.3%

29.6%

30.3%

S

57.1%

63.0%

63.6%

REVENUES/ EXPENSES

Partnership

0.0%

0.0%

0.0%

LLC

9.5%

7.4%

6.1%

Sole Proprietorship

0.0%

0.0%

0.0%

FINANCIAL STABILITY

C.

Shareholders

+25% Profit

+25% Growth

Average

EMPLOYEE OVERVIEW

Number of Shareholders

2.4

3.2

2.0

High

6.0

Low

1.0

PRODUCER INFO

D.

Ownership Percentage

+25% Profit

+25% Growth

Average

SERVICE STAFF INFO

% Owned by Largest Shareholder

66.5%

58.7% 75.7%

High

100.0%

Low

40.0%

TECHNOLOGY

E.

Shareholder Age

+25% Profit

+25% Growth

Average

INSURANCE CARRIERS

Current Age of

Largest Shareholder

52.6

48.3

52.3

2006 Best Practices Study

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