Independent Research Data Shows Franchisees Are Highly Satisfied with Their Investment in We Insure
Jacksonville, Fla., April, 7, 2022 – We Insure was identified by independent franchise research firm, Franchise Business Review, as being one of only 50 franchises to qualify as a 2022 Top Low-Cost Franchise.
We Insure is a national insurance company with a proven business model that is changing how the industry works. Focusing on customer experience and exceptional agent support sets us apart from other insurance franchise businesses. With unprecedented access to carriers and complete operational, IT, service, and marketing support to franchise owners across the U.S., We Insure, now with the backing of PEAK6 InsurTech, is disrupting the industry and improving it for the better.
Franchise Business Review (FBR) provides the only rankings of franchises based solely on actual franchisee satisfaction and performance. FBR publishes its rankings of top franchises in its annual Guide to Today’s Top Franchises, as well as in quarterly reports throughout the year that rank the top franchises in specific sectors.
Nearly 11,000 franchisees representing over 135 low-cost brands participated in Franchise Business Review’s franchisee satisfaction survey over 18 months. The brands that were named to the list of the best low-cost franchises to buy had to have high franchisee satisfaction and an investment of under $100,000 at the time their franchisees participated in FBR’s satisfaction survey.
We Insure’s franchisees were surveyed on 33 benchmark questions about their experience and satisfaction regarding critical areas of their franchise systems, including training & support, operations, franchisor/franchisee relations, and financial opportunity.
“One of the most common myths around buying a franchise is that it’s too expensive. But what many people don’t know is that there are a number of very solid business opportunities out there that can provide the satisfaction and perks of business ownership but don’t require a huge financial investment,” said Eric Stites, CEO of Franchise Business Review. “Approximately one-third of the franchise companies we survey have initial investments starting under $100K, and with financing, many can be started for as little as $15-$20K, with a few options starting under $10K. More importantly, the franchises that made this year’s list of the Top Low-Cost Franchises have average owner satisfaction 15% higher than our industry benchmark, making them all excellent options for entrepreneurs considering franchise ownership.”
“We Insure prides itself on being an accessible franchise business,” said Deb Franklin, Co-CEO of We Insure. “We want our franchisees to be able to operate their business and not have to worry about being able to afford their operations. We know that success comes from all areas, and letting our owners focus on their business is our number one priority.”
Visit FranchiseBusinessReview.com to see the full list of 2022 Top Franchises.
About We Insure
We Insure is a national insurance company that’s disrupting the industry with an innovative business model focused on customer experience and exceptional agent support. The franchise offers unprecedented access to carriers and complete operational, IT, service and marketing support to its franchisees in the U.S. We Insure is expanding rapidly with numerous retail locations nationwide. For more information about franchise opportunities, visit weinsurefranchise.com. For general information, visit weinsuregroup.com.
About Franchise Business Review
Franchise Business Review (FBR) is a leading market research firm serving the franchise sector. FBR measures satisfaction and engagement of franchisees and franchise employees, and publishes various guides and reports for entrepreneurs considering an investment in a franchise business. Since 2005, FBR has surveyed hundreds of thousands of franchise owners and over 1,100 leading franchise companies. To read our publications, visit https://franchisebusinessreview.com/page/publications/. To learn more about FBR’s research, please visit www.FranchiseBusinessReview.com.
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