Buying a Business or Franchise?
Eboss.Whilestartingyourown businessfromscratchcanbe daunting,thethoughtofcontrolling yourowndestinyisequally appealing.However,majorityofus arenotsurewhereorhowtoeven begin.Onepathtobecomea businessmanistobuyabusiness,ora franchise.
veryonewantstobetheirown
ownershipsoappealing.Whenyou boilitdown,acquiringafranchiseis aninexpensivewaytostartyourown business.
We,TheLeadersGlobeMedia Magazine,featuring,'TheMost RenownedFranchiseBrands2022'in thisissue,thatarewidelyrecognized forthemostprofitablefranchise businesseswithrapidexpansioninits countryandhelpsboththefranchisee andthefranchisorinachievingtheir individualgoals.
Whenyoubuyafranchise,youare fundamentallybuyingabusinessthat hasworkedeverywhereandfor everyone.Insteadofinvestingall yourresourcesinabusinessthat couldverywellbombinashorttime frame,itmakesmuchmoresenseto investinafranchise.Indeed,oneof thebiggestbenefitsofbeinga franchiseowner,asopposed tostartingone'sownbusiness,isthe collaborationfactorandthelogistics.
Everythingisinplace.Thesupport thatonegetsfromcorporateoffices andleadersiswhatmakesfranchise
Theamountofcostsandrisksare significantlyless.Theconstituentsof abusinessplansuchasfinancing, marketing,operatingstrategyand trainingplansareincludedinthe franchisingcontract.Theprocessof purchasingalicensingagreementfor aspecificproductorservicefroma franchisorisgreatlystreamlined.
Thereareseveralcompaniesand startupsthatareactivelyoffering franchises.PEAK6InsurTechisa companythat'srevolutionisingthe worldofinsurancefranchising throughitsinsurancefranchise subsidiary,WeInsure.Whereas Aaavio.comischangingthe landscapeoftheglobaltextileand apparelindustry,onepieceof clothingatatime.CtrlVisanother greatstartupwiththeirfranchises poppingupeverywhere.Astartup thathasitshandsbothinanup-andcomingindustry,VirtualReality,and analreadyestablishedindustry, location-basedentertainment,is anotheronewhosefranchisesare profitable.HomeInsteadSeniorCare, acompanyfortakingcareofsenior citizensisalsoastartupthatoffers
goodfranchiseoptions.Theyvetthe potentialfranchiseownertoensure thattheirbrandnamestayswell received.Hardee's,afast-food company,alsohastheirfranchisesall overtheworld.Anever-growing brandname,Hardee'sstartedsmall andisnowaglobalbehemoth,one whosefranchisesarequitelucrative andprofitable.OwningaHardee's franchiseisautomaticallysuccessin business.Onotherhand,Slim Chickens,afast-growingfranchise withhigh-quality,flavourfulfoodhas madeitanundeniableleaderinthe better-chickensegment.
Allinall,perhapsthemostimportant aspectispatience.Oneshouldbe thoroughandwell-preparedforany situation,howeverbizarre.Along withmoney,timeisanothermajor resourcethatoneneedstoinvestto seetheirbusinessnotonlysurvive butthrive.Themoretimeyouinvest, themorereturnsyouwillgain
- Maria Maria
Mr
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Anil Bidari
F ounder & Managing Dir
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R obert Bruski
CEO & Co-f
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Today,progressisdefinedin termsoftechnological advancements.No industrialverticalhasremained immunefromthistidalwaveof techdevelopments.Techtools havehelpedcreatevarious ingenioussolutionsthathave fosteredgrowthacrosssectors.The insurancesectorhasembraced thesetoolstohelpmakethe processofbuyinginsuranceand filingclaimsexceptionallysimple.
Whilefranchisingopportunities overallhavewitnessedarecord boomoverthelastfewyears,those withintheinsurancesectorhave continuedtowitnessnewentrants. Fromfine-tunedbackendsupport toon-groundassistance,insurance franchisechainshaveextendeda widevarietyoftech-enabled servicestotheirfranchiseowners tohelpthemfocusonserving customerswithoutworryingabout otheraspectsoftheprocess.
Curatingmodelsbasedonthe insuranceneedsofclients,these franchisechainsofferfranchisees easyonboarding,comprehensive training,accesstonationwide carriers,andallthesupporttools neededtogrowtheirbusiness.
PEAK6InsurTechisacompany that'srevolutionizingtheworldof insurancefranchisingthroughits insurancefranchisesubsidiary,We Insure.PEAK6InsurTechwas designedtoleveragetheboonsof technologytosimplifyvarious aspectsofourmodernlives.
SeizingInsuranceFranchise OpportunitieswithPEAK6 InsurTech'sWeInsure PEAK6InsurTechistheinsurance operationsandtechnology subsidiaryofPEAK6.In2021,
PEAK6InsurTechacquiredWe Insure,anationalinsuranceagency franchise.Throughthecustomer centricandtechnologicallyorientedapproachofPEAK6, PEAK6InsurTechhassecuredits positionastheformidableparent companyofaleadingpropertyand casualtyinsurancefranchisechain intheUS.
WeInsurewasestablishedin2009 andby2015,hadbecomeoneof America'stop25%fastest-growing privatecompanies.PEAK6 InsurTechacquiredWeInsurewith thegoaloftakingittoscalablebest inclass;asthatworkcontinues, WeInsurehasexpandedtomore than220franchisesacross32 stateswithmorethan128,000 policiesanditcontinuestogrow, month-over-month.In2021We Insuregrewitsfranchiseagency footprintby55percent,andthe companyranksintopfranchise listingsandnationalbusiness rankings,suchasInc.5000.This independentinsurancesolution provideraimstoimprovethe insuranceexperienceofbothits clientsandagents,andpartners withmultipleinsurancecarriersso itscustomerscanchoosepolicies thatbestmeettheirendgoals.The impeccablefranchiseopportunities providedbyWeInsurehavebeen furtherfine-tunedsinceWeInsure wasbroughtundertheservice umbrellaofPEAK6InsurTech.
AnExtensiveRangeof Services
Whiletheinsurancefranchise opportunitiesofthecompany coverthreemaindomains(home, auto,andbusiness),WeInsure offersinsuranceforalmost everythingyouown,including recreationalvehicles,jewelry,and
pets.Here'sthecomprehensive basketofservicesPEAK6 InsurTech'sWeInsureprovides clients:
1. Property Insurance: Whether you'reahomeownerorarenter, WeInsureunderstandstheneed tokeepyourpropertysafe.To thisend,thecompanyoffersan extensiverangeofCondo, Renters,andHomeowners insurancepolicies.
2. Auto Insurance: Sincekeeping yourautomobilesafeisequally necessary,WeInsureoffers Auto,Motorcycle,RV,andBoat insuranceplansthatcanbe tweakedtofitthecoverage needsofcustomers.
3. Business Insurance: Specializinginextending insurancepoliciestosmalland medium-sizedbusinesses,We Insureofferscomprehensive coveragepackagestohomebasedstart-upfirmsaswellas establishedmulti-locational ventures.
Someoftheinsurancepackages offeredinclude:
CommercialPropertyPackage
SmallBusinessPackage
CommercialAutoInsurance Worker'sCompensation CommercialGeneralLiability Package BusinessInterruptionInsurance
TheLeaderGuidingthis PEAK6InsurTechFranchise
AstheCo-CEOofPEAK6 InsurTech,DebFranklinhas helpedbuildaformidablepresence intheinsurancefranchisingsector. AfterreceivingaBachelorof
FineArtsDegreefromThe UniversityofIllinoisandan ExecutiveMasterofBusiness AdministrationDegreefromthe UniversityofSouthFlorida,Deb wentontopursueacareerin insurance.Leveragingher experienceinbuildingand developingsustainableventures,at PEAK6InsurTechDebis responsibleforguidingacrossfunctionalteamthroughstrategy ideation.Asaresults-drivenleader, Debhasmasteredtheartof improvinginternaloperationsand streamlininggrowth.Shehasa proventrackrecordofdesigning solutionsandstrategiesthatfoster growthandmaximizethe performanceofbusinesspartners andsalesteamstoregistertangible improvements.Shespecializesin analyzingandrecommendingways tofine-tuneproductofferingsand servicestohelpbettermeetclient expectations.
Overherillustriouscareer,Debhas heldvariouskeypositionsthathave helpedhergrowasanindividual andaleader.Debhasbuiltherown insuranceagencyasanAllstate agentandworkedwithrenowned insurancecompanieslikeState Farm,UniversalNorthAmericaand NationalGeneralInsurance, handlingclaims,product development,distributionanalytics, operations,andrelationship management.Herexpertiseand experienceintheinsurancesector havehelpedherdevelopPEAK6 InsurTechintotheformidable marketleaderitistoday.Under herinvaluableguidance, PEAK6InsurTechacquired WeInsuretoexploreand scaleinsurance opportunities.
Apartfromshoulderingthe responsibilityofherCo-CEOrole, Debalsodisseminateshermarket expertisebyservingasthe chairwomanfortheUniversityof SouthFloridaMumaCollegeof BusinessRiskManagementand Insurance.
AFranchiseChainthat ChannelsPassion
WeInsurehassecuredadistinct marketnicheowingtoitscore operationalvaluesandtenets.Both PEAK6InsurTechandWeInsure shareacommonpassionfor procuringonlythebestfortheir clients.Thispassionandadeep senseofintegrityhavehelpedboth leveragetechnologicaltoolsto betterserveclients.AsPEAK6 InsurTechcontinuestodevise, implementandenhance technologiesandsupportservicesto takeWeInsuretoscalablebestin class,thesolution-centricapproach ofthefirmhashelpedagentsinthe franchisechainprogressfromone featofsuccesstothenextPEAK6 InsurTechensuresthatWeInsure agentssimplyneedtofocusonthe growingtheirbooksofbusinessand customersatisfaction,whilePEAK6 InsurTechtakescareoftherest.In addition,whilePEAK6InsurTech's
distributiontechnologymakesit easierforWeInsurefranchisesto writebusiness,italsohelpsto protectWeInsure'scarrier partners,whichisparamountin today'smarketplace.
SecuringanEdgeinthe InsuranceFranchise Domain
WeInsurehasconceived opportunitiesthatseektoaddress theexistingpitfallsofinsurance franchising.Itsnovelapproachto franchisingsolutionsinthis industrialverticalofferstop-tier commissionsforitsagentsand all-roundsatisfactionforits customers.TheWeInsure
franchisechainisbasedonthe followingkeycheckpoints:
Comprehensive Support: PEAK6 InsurTechtakescareofthe completeback-endsupport services.ThisgivesWeInsure agentstimetofocusongrowing theirbooksofbusiness.
Agent-friendly Business Model: Theneedsandcomfortofthe agentaretakenintoaccountwhen formulatingmarketingand operationstrategies.Additionally, thefocusofcreativetechnology todriveleadgenerationtothe agentssupportstheiragency growth.
Improved Commissions: We Insureagentscanpartnerwith multiple,nationallyrecognized insurancecarriers.Thehigh volumesalesresultingfromsuch carrierpartnershipscanhelp themsecureahigher commission.
WhyChoosePEAK6 InsurTech'sWeInsure?
Becominganinsurancefranchisee canbequiteadauntingtask. Knowingthenitty-grittyofthe insuranceprocessisabsolutely crucialascustomerswilldemand knowledgeableandvalue-added assistanceeverystepoftheway. ThisishowPEAK6InsurTech'sWe Insureemergesasthepremier choiceintheinsurancefranchising sector:fromaccountingand reconciliation,topolicyservicing andcarrieradministrativesupport, PEAK6InsurTechtakescareofall thebackendnecessitiesofclient onboardingandsatisfaction.The customer-firstapproachofthefirm promotesagencyownersasthey possessthemostcomprehensive knowledgeabouttheinsurance market.Sinceagencyownersowe theirallegianceandloyaltytotheir customers,PEAK6InsurTechhelps themadvocatefortheneedsofthe customersthroughmarketaccess andback-endsupport.
StreamlinedFranchise Operations
PEAK6InsurTech'songoing developmentandenhancementof innovative,tech-basedsolutions andsupportserviceswillensure thatWeInsureagencyownershave accesstothetoolstheyneedto achieveall-roundcustomer satisfaction.Theoutstanding customermanagementsystemand ITsupportteamofthefirm
guaranteefranchiseepartnersa worry-freecustomerservice experience.Additionally,franchise partnerscanrestassuredthattheir clients'datawillbehandledwith utmostcare:thefirm'sprivate cloudhostingfacilitykeepsclient datasecure.Thededicatedteamof professionalsatPEAK6InsurTech takescareofeverything,right fromcross-sellingsupportto targetmarketingstrategies.Thus, allagentshavetodoisfocuson thecustomer
FutureCalling
Astheinsurancefranchising sectorcontinuestogrow,PEAK6 InsurTechlookstowidenits presence.Thecompanyseeksto continuetoexpanditsnumberof WeInsurefranchises,itsnumber ofcarrierpartners,itspresencein morestates,anditsnumberof policiesinforce,allwhiteinfusing anewlevelofinnovationinto establishedfranchisingstandards, evolvingandelevatingWeInsure tobestinclass.
For me, transparency is the key to success. I believe that its only through trust and integrity that we can build lasting relationships.
-DebFranklin ‘‘ ’’