Employment Type: Full-Time
Brightway Insurance, one of the largest Personal Lines agencies in the country, is looking to expand its footprint in the Oakland area.Brightway, which was named the No. 1 franchise to buy by Forbes in 2015, first began franchising in 2008 and has since grown to more than 900 people in 198 offices across 22 states serving customers in all 50 states. Our “you sell, we service” model revolutionized the insurance industry back in 2008 and empowers our agents to focus on selling new business while we handle the after-the-sale service needs of customers. That's the Brightway difference and the reason why our agents outsell their counterparts *2-to-1. The top 25% of Brightway franchisees make an average of $375,000** per year after five years in business. According to the U.S. Census Bureau, only 2.3% of the U.S. population earns $200,000*** or more a year.As a Brightway Franchise Owner, you:Own the entity that has contracted with BrightwayHave the rights to new and renewal commission revenueEnjoy unlimited five-year renewals of your contract at no chargeCan choose to sell your business at contract renewalHave the option to pass on your business to a friend or loved oneNo insurance experience is required to become a franchise owner with Brightway. In fact, the two largest Brightway locations and half of all Brightway locations with books of business over *$10 million are owned and operated by people with no prior insurance background. Brightway provides you with the tools, systems and processes you need – regardless of your professional background – to grow your sales team and build your own personal wealth.*Your results as a new franchisee may differ. There is no assurance that you will sell as much.The claim that Brightway Agents outsell their counterparts 2-to-1 can be found in Table 2 of Item 19 of Brightway Inc.’s Franchise Disclosure Document issued April 12, 2019, as amended. The 2-to-1 claim is based on "Sales Velocity" results for Brightway locations open during 2018 compared to “Best Practices” agencies as defined in the "IIABA Best Practices Study (2018)" that earned less than $1,250,000 in commission revenue. "Sales Velocity" is a third-party metric defined as the New Business commission revenue during a certain year divided by the total commission revenue earned by that location during the previous year and converted to a percentage.**The claim the top 25% of Brightway franchisees make an average of $375,000* year after five years in business and only 2.3% of the U.S. population earns $200,000* or more a year can be found in Table 3 of Item 19 of Brightway Insurance Inc.’s Franchise Disclosure Document issued April 12, 2019, as amended, which includes results for 61 franchisees during the 2018 year that had been open for five or more years as of December 31, 2018. 7 of the 15 Top 25% franchisees (or 47%) exceeded the average pre-tax operating profit of $375,692. ***U.S. Census Bureau data source: 2013-2017 American Community Survey 5-Year Estimates.
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