Brightway Insurance Named a Top 100 Franchise for 2018
Franchise Gator names Brightway to list fourth consecutive year.
February 08, 2018 // Franchising.com // JACKSONVILLE, Fla. - Providing Franchise Owners with a comprehensive system of support so they can focus on providing local, expert counsel and more choice has proven to be a recipe for success for Brightway Insurance franchisees, helping many reach their potential. As a result, Franchise Gator, an online franchise directory, identified Brightway as a top choice among franchise opportunities, naming it to its list of Top 100 Franchises of 2018.
“We’re excited that Franchise Gator has recognized Brightway as a top franchise to buy four years in a row now,” said Brightway Chairman, Michael Miller, who co-founded Brightway with his brother, David, in 2008. “Opening your own business can be scary, but Brightway provides franchisees with a comprehensive system of support designed to make them successful and it works. According to the Bureau of Labor Statistics, the success rates of small businesses from 2008-2017 was 38 percent. With Brightway, it’s 90 percent.”
Brightway Franchise Owners enjoy business support including customer service, carrier relationships, marketing, accounting and technology.
Brightway Franchise Owner, Ray J. Megginson, joined Brightway in 2016 with no prior insurance experience. He had owned and operated a fast-food franchise for six years prior to opening his Brightway store in Port St. Lucie, Fla.
“Brightway has supported me from the very beginning,” Megginson said. “Whether it was agency support or my distribution consultant, everyone was willing to help.”
Unlike his prior franchise experience, Megginson noted Brightway’s system provides him with much more support, freedom and flexibility.
“This (the Brightway) model gives you all the support you need while leaving plenty of room to be creative in building your business,” he added. “The main thing I’ve learned about Brightway is that they are in it together with the Agency (Franchise) Owner and the customer. With their support, we’re able to offer more choice and we’re able to have the time necessary to provide counsel and personalize a package of insurance policies that meet each customer’s unique needs.”
Franchise Gator highlights franchise systems that are both expanding and considered to be strong buys for prospective franchisees. Franchise Gator uses information from the Franchise Disclosure Document submitted by each franchise to rank them. See Brightway’s profile on FranchiseGator.com.
“Each year we comb through hundreds of Franchise Disclosure Documents to find franchise opportunities that are a great fit for our audience,” said Eric Bell, General Manager at Franchise Gator. “Those that made the Top 100 show strong growth potential and make for a solid investment for the worthy candidate.”
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 $501 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 Franchise Gator
Franchise Gator, a unit of Landmark Interactive, a division of Dominion Enterprises, is the leading destination for those seeking to invest in a franchise opportunity. Since 2002 Franchise Gator and its network of sites have offered information on hundreds of business and franchise opportunities available in more than 100 industries. Franchise Gator provides franchisors with a quality, cost-effective mode of franchise marketing. For more information, please visit FranchiseGator.com.
SOURCE Brightway Insurance