Thursday 16th December 2010 - Published by Lara Page - Account Manager
New franchise model for start-up brokerages
A leading insurance brokerage in the West Midlands, is offering budding entrepreneurs the chance to break through the barriers to establish and grow their own broking business.
Johnston Park McAndrew (JPM), based in Halesowen, has launched a new franchise model for experienced Account and Development Executives and teams who are keen to start out on their own, and recognise the benefits of getting support to help them achieve their goals.
Working as a launch pad for start-ups, JPM will provide support services by using a “turnkey system” as a tried and tested way of working, which will allow individuals to concentrate on client contact.
JPM will provide a complete range of support services including handling, claims, broking, marketing, accounts, compliance, IT and financial management, along with business planning assistance. All franchisees will have freedom of placements with full access to the agency base and will also benefit from many established extended service partnerships.
Dale Collett, Sales and Marketing Director at JPM, said:
“We will help individuals who may be frustrated within acquired firms, and others who have the desire to set up their own businesses, overcome the barriers to entry.
The opportunities for Independent Brokerages are more plentiful than ever. However to optimise the profitability for a broker, scale is vital. Our franchisees will have the freedom to grow on their own terms with the backing of an experienced and established firm who have achieved scale.
Under the new franchise package, individuals and teams will be in control of their own business, with the ability to grow their client base and benefit from the capital value. The failure rate for start-ups is very high. This is significantly improved for franchise start-ups where large amounts of uncertainty are removed.”
To find out more, contact Dale Collett on 0121 585 5725 or visit: http://www.jpm-insurance.co.uk
Johnston Park McAndrew launch franchise business model. - a pr2go story
