Brooke franchise was incorporated in January 1986 under laws of the Kansas state. That time it was called Brooke financial services. The name was later amended to Brooke Holdings. The company is simply referred to as BFC. It owned 66 % of the common stock in early 2000s. Robert Orr was the founder of Brooke insurance and financial services. The aim was to pool the purchase power of the insurance agencies.
Apart from providing the insurance services, the firm also provides loans where insurance may be used as the collateral. During early years of its operations, Brooke franchise sold its services to agencies that dealt with bank insurance. However, this market was limited as the authority to sell insurance was restricted to only the small banks. This is what made the company to start focusing on selling the services to autonomous insurance agents.
The company believes that insurance sales and other related services can be done best by the professional is that their businesses have a relationship with the customers. The net worth of the local business owner business owner is related directly to relationship with customers . This means that the customers are better off when they are served by a local business owner.
Why choose Brooke franchise
One of the advantages of becoming a franchisee is the branding that your business will get. You will be using the trusted brand name and this results in increased sales as this is like product endorsement. Brooke franchise believes that the franchisees who are operating under a trustworthy brand name and have local presence are in a better position to give competition to telephone and internet insurance sale agents. You will get an opportunity to sell competitive products.
Brooke franchise has more purchasing power and this helps the franchisees to get products that have more competitive prices. BFC is among the biggest insurance agencies and this makes it to have a relationship with numerous insurance companies. The company will provide you with marketing assistance. It has special marketing teams that are stationed at the national office to assist the franchisees in marketing.
The marketing teams basically clean the houses for the franchisees. The franchisor pays for half of the marketing and advertising expenses that are incurred by a franchisee provided that they are within the standards of promoting the common brand. The company has an effective business model and it will be readily available for your use. The company has in the past been listed among the fastest growing franchises by the Entrepreneur magazine.