| The annual Best Practices Study helps agency owners and managers understand how their business operations perform and measure up against the top-performing firms across the country—making it a must-have tool for agencies that want to become the best they can be through continuous improvement.
To allow “apples to apples” comparisons, the 2014 Best Practices Study Update provides performance benchmarks in six agency revenue categories ranging from under $1,250,000 to over $25,000,000. Within each of these categories, agencies can measure, evaluate and compare results in multiple areas, including:
- Income and expense distribution
- Revenue and profitability growth
- Sales and service staff compensation/productivity
- Technology expenses
- P-c and life-health carrier representation
- Region
A provided glossary defines terms used in the areas of revenues, expenses, profitability, financial stability, productivity, service staff and carriers and is designed to help any agency better understand their agency operations.
Don’t miss this opportunity to benchmark your existing numbers against the best agencies and power your short and long-term agency planning—order your copy today.
For a look at all the available resources, visit Best Practices online or email Best Practices staff with questions. |
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