The Franchise King®

A Franchise Opportunity With A Unique, Built-In Income Stream

Residual Income Stream franchise opportunity

(Sponsored Post)

Before I tell you about a franchise opportunity that offers a unique, built-in residual income stream for its franchisees, I want you to play a quick little game with me.

 

A Numbers Game

Let’s play the game.

(This post may contain affiliate links. Please read my disclosure policy).

I’m going to ask you a question, and I want you to respond to it with a number. Here it is:

On a scale of 1-10, with 10 being “excellent,” and 1 being “not very good,” what number best describes your sales ability?

I’ll wait.

Ready? Let’s do this!

If you’ve given yourself a 7 or more, you’re going to want to read about the franchise opportunity below.

If you’re a 6, you may want to learn more about the franchise I’m going to tell you about.

But what if you’re a 5 or less?

If that’s the case, you need to look at franchise opportunities* that don’t require strong sales abilities.

*Note: as tempting as the extremely low franchise fee option Brightway offers new franchisees is, unless your sales and relationship building skills are top shelf, you should need to look for other franchise opportunities. Ones that are more in line with what you’re good at.

 

A Franchise Opportunity With A Residual Income Stream Built For Salespeople

It’s a well-known fact that most salespeople dislike sales-related, time-consuming paperwork that takes them out of the game, both mentally and physically. They want to sell! If that describes you, read on.

You sell. We service.”

Do you like the sound of that?

To clarify, wouldn’t it be great if you could spend your working hours laser-focused on what you do best?

Hold on. I almost blew it. I screwed up the wording. I need to change “working hours” to “working for yourself hours.” After all, I’m talking about a franchise business.

Your franchise business.

A franchise with a residual income stream.  

 

brightway insurance franchise opportunity

 

The Brightway Insurance Franchise

Family-owned and franchising since 2008, Brightway Insurance is one of the largest independent insurance agencies in the country.

The Opportunity For You

If you’re good at selling and would like to be your own boss, becoming the owner of a Brightway Insurance franchise business is worth a look. Especially when you see how reasonable your upfront investment is.   

One more thing: you don’t need to have an insurance background; 50% of Brightway’s offices are owned and operated by franchisees with zero prior experience in insurance.

 

Brightway’s Office Agency Model

If you’d like to have a small commercial office to work out of, Brightway offers two options.

Option #1: Pay a $5,000 franchise fee, and you’ll enjoy a commission split of 60% on new business and 50% on renewals.

Now, before I tell you about option #2, you need to know something super-important about the insurance business.

In a nutshell, it’s a business built for renewals. And it’s those renewals that can provide you with a steady residual income stream.

For example, think about your vehicle insurance. Isn’t it automatically renewed every year? How?

You get a renewal notice and you continue paying. Guess who else gets paid?

Your agent. He/she gets paid every time you renew your policy (or policies).   



Get Your Free Franchise Buying Checklist!
Get Your Free Franchise Buying Checklist!
Invalid email address
You'll also get my latest blog posts and my free VIP Franchise Newsletter!


Please multiply that by the number of clients your agent has who are renewing their policies annually and automatically.

The Bottom Line?

Lots of clients = lots of residual income.

Have I got your wheels turning?

 

via GIPHY

 

 

Brightway’s Office Agency Model: Option #2

grand opening of brightstar insurance agency

If you’d like to earn a higher commission percentage on new business, right from the get-go, an enhanced option is available.

For an additional investment of $25,000, you’ll earn 80% on new business (as opposed to the 60% you earn in Office Agency #1).

Finally, if you’d like to earn up to 100% on new business, Brightway Insurance offers a Retail Agency Model in which franchisees earn 55% commission on renewals. That’s more than franchisees in the Office Agency Model earn.

Note: You’ll need to have a minimum of $20,000 in working capital for the $5,000 franchise fee model. And you’ll need to have at least $100,000 in working capital for the $60,000 franchise fee model.

 

How Your Clients Benefit

Brightway Insurance franchisees offer their clients numerous insurance choices…more choices than any other agency. That’s a huge win for your clients, as today’s consumers like to have choices.

Additionally, as a franchisee, you’ll have the ability to put together customized packages of insurance policies that can meet the needs of your clients today and throughout their lifetimes.

Finally, your clients benefit because you’re the owner…not an employee.

There’s a lot to be said about working directly with a local small business owner…as opposed to a salesperson. 

 

Brightway Insurance Continues To Grow

Check this out:  

 

Read This Press Release!

 

Brightway Provides Serious Back-Office Support

Remember when I told you about Brightway’s “You sell, we service,” approach? Check this out.

The Brightway Insurance Service Center is where the magic happens. Magic? Yes…for you, the franchisee.

That’s where an entire team of licensed insurance professionals does their thing.

In this case, their “thing” is providing Brightway’s signature after-the-sale service and more.

And that’s precisely what allows you to focus on selling new policies that you get paid on immediately and annually, when your new clients renew their policies. And every time they renew, your residual income stream grows. It’s a win-win-win!

As a matter of fact, “Brightway exists to help everyone associated with the brand reach their potential and operate under a Win, Win, Win mandate, meaning everything we do must be a win for the customers and win for Franchise Owners. When we achieve those first two wins, it is naturally a win for us.”

 

Is Owning a Brightway Insurance Franchise Right For You?

My feeling is that if you’re good in sales, would like to be your own boss, and are attracted to the idea of building a residual income stream, you need to explore becoming a franchise owner with Brightway.

This Franchise, this team, specifically the Millers, have had my back since the day I started almost 12 years ago. I have full confidence that Brightway has my back and is looking out for all of our best interests.”

– George Sterner, Franchisee, Owner of Brightway, The Sterner Agency in St. Cloud, Florida

Next step?

Request more information about Brightway’s sales-oriented, low-cost franchise opportunity.

Who knows? This could be the opportunity you’ve been looking for.

 

Please Share This Article!
2Shares
follow us in feedly
franchise article written by joel libava
Note: When you buy through links on this website, we may earn an affiliate commission. In addition, I've started to use AI to help me craft better article titles and headings.
The Franchise King® Blog
Get proven franchise research and buying tips, helpful franchising resources, plus the latest franchise news updates and more.
Recommended Reading
Introduction To Franchising
How Much Is A Franchise?
Pros And Cons Of A Franchise What Is The Franchise Fee? How To Buy A Franchise
Best Franchises To Own

Top 33 Business Ideas
Starbucks Franchise Facts
Featured Franchises!
10 Best Franchise Websites
About Franchise Consultants
How To Read A FDD
Questions To Ask Franchisors
Questions To Ask Franchisees Franchise Discovery Day Franchise Reviews
Top 10 Franchise Buying Tips

Free Franchise Tools Franchise Compatibility Quiz Net Worth Calculator
joel libava

I'm The Franchise King®, Joel Libava. I help prospective franchise owners avoid bank account emptying mistakes.
For 23 years, I’ve been showing people how to make smart, informed decisions on franchises to buy, and I can help you, too!
P.S. I'm not a franchise consultant/broker.

Joel is Highly Principled
There are many people in the franchise business who claim to to be experts in the field. Unfortunately many of them lack both knowledge and integrity. Joel, however, is without question one of the most qualified and principled people I know, in or out of his industry."
- Greg Reynolds, Retired Outplacement Counselor
"Many receive advice, only the wise profit from it."
- Harper Lee

Setup Your Franchise Business