Brightway Insurance Named A Top Franchise By Entrepreneur Magazine And Franchise Business Review
Florida-based company ranks among the nation’s top franchise business opportunities.
January 16, 2018 // Franchising.com // JACKSONVILLE, Fla. - Entrepreneur magazine and Franchise Business Review have each named Brightway Insurance to their respective lists of top franchise business opportunities across the U.S. Brightway is one of the largest property and casualty agencies in the country.
“We’re thrilled to once again be named a top franchise by Entrepreneur and by Franchise Business Review. What a great way to start the new year after being recognized 11 times in 2017 as a best-in-class franchise,” said Brightway Chairman, Michael Miller, who co-founded Brightway with his brother, David, in 2008. “We measure our success by our franchisees’ success and have built a business model focused on supporting them and helping them grow their businesses as fast as possible.”
“We handle everything needed to run a business - accounting, data analytics, customer service, marketing and more - so franchisees can focus on building their sales teams,” Miller added.
Entrepreneur’s Franchise 500®
Placement in Entrepreneur’s 2018 Franchise 500® is a highly sought-after honor in the franchise industry, as evidenced by the fact that Entrepreneur received more than 1,000 applications this year, making it one of the company’s most competitive rankings ever. Recognized as an invaluable resource for potential franchisees, the Franchise 500® ranks Brightway as 199 for its outstanding performance in areas including unit growth, financial strength and stability and brand power. This is the fifth time Brightway has made the list since 2013. See Brightway’s profile on Entrepreneur.com. Results also can be seen in the January/February issue of Entrepreneur, available on newsstands Jan. 16.
“The Franchise 500 is always evolving, as we continually seek to best understand and evaluate the franchise marketplace,” says Jason Feifer, editor in chief of Entrepreneur. “We spent months gathering and analyzing data in order to produce this year’s list, and with over 1,000 franchises applying for the first time in 25 years, this may have been our most competitive ranking ever.”
Franchise Business Review’s Top Franchises
For the fourth time since 2012, Franchise Business Review designated Brightway as one of its Top Franchises of 2018 based on its own independent survey of franchisee satisfaction and performance. Brightway is among the 200 franchise brands recognized. For this year’s top franchise list, Franchise Business Review surveyed approximately 30,000 franchise owners, representing hundreds of franchise brands. View Brightway’s profile on FranchiseBusinessReview.com.
“There are thousands of successful franchise companies operating in North America, but many of those companies do not offer a solid investment opportunity for the actual franchise owners,” says Eric Stites, CEO of Franchise Business Review. “As an independent research firm, we rate the franchise companies in the marketplace today and identify those that have the highest levels of satisfaction and performance among their franchisees in order to help entrepreneurs when choosing which franchise to invest in. The companies on this year’s list are the top performing brands in the areas critical to their franchisees’ success.”
Brightway provides Franchise Owners with a comprehensive system of support so they can focus on providing expert counsel and more choice in insurance brands than any other agency. Brightway’s Win3 mandate, meaning everything must be a win for Franchise Owners, a win for customers and a win for the company, has proven to be a recipe for success.
Those interested in learning more about Brightway as a business opportunity should visit BrightwayDifference.com to learn more.
About Brightway Insurance
Brightway Insurance is a national property/casualty insurance retailer selling through a network of franchised independent stores throughout the country. With more than $498 million in annualized written premium, the company is one of the largest property and casualty agencies in the United States.
Brightway began franchising operations in 2008 and has since grown to more than 700 people in 19 states serving customers in all 50 states. Forbes has recognized the company as America’s No. 1 Franchise to Buy. Additionally, the company was named a top franchise three years in a row by Entrepreneur magazine and one of the fastest-growing private companies in America nine consecutive years by Inc. 5000. People wishing to learn more about franchise ownership with Brightway may visit BrightwayDifference.com and find us on LinkedIn. Consumers seeking a better insurance buying experience may visit Brightway.com and find us on Facebook.
About Entrepreneur’s Franchise 500®
During its 39 years in existence, the Franchise 500® has become both a dominant competitive measure for franchisors and a primary research tool for potential franchisees. The key factors that go into Entrepreneur’s evaluation include costs and fees, size and growth, support, brand strength and financial strength and stability. Learn more at Entrepreneur.com/Franchise500.
About Franchise Business Review
Franchise Business Review is the only independent market research firm that specializes in benchmarking franchisee satisfaction based exclusively on ratings and reviews from franchise owners. FBR publishes free and unbiased franchisee satisfaction research reports throughout the year online at FranchiseBusinessReview.com.
SOURCE Brightway Insurance
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