Note: Revenues for privately held companies are statistical evaluations.
Ben Spurgin Insurance Agency's annual revenues are $1-$10 million (see exact revenue data) and has 1-10 employees. It is classified as operating in the Insurance Agencies & Brokers industry.
Note: Ben Spurgin Insurance Agency's revenues are gauged from an analysis of company filings.
Ben Spurgin Insurance Agency's Income Statement (based on Industry Averages)
$ Millions (Industry Average)
Ben Spurgin Insurance Agency Revenue (Sales)
Cost of Goods Sold
Gross Profit
Operating Expenses
Advertising
Salaries and wages
Other Operating Expenses
Total Operating Expenses
Operating Income
EBITDA
EBIT (Earnings Before Interest and Taxes)
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Recession Risk
Determine whether Ben Spurgin Insurance Agency grew or shrank during the last recession. This is useful in estimating the
financial strength and credit risk of the company.
Compare how recession-proof Ben Spurgin Insurance Agency is relative to the industry overall.
While a new recession may strike a particular industry, measuring the
industry and company's robustness during the last recession estimates its ability to weather future recessions.
Market Share of Ben Spurgin Insurance Agency's Largest Competitors
A competitive analysis shows these companies are in the same general field as Ben Spurgin Insurance Agency, even though they may not compete head-to-head.
These are the largest companies by revenue. However, they may not have the largest market share in this industry if they have diversified into other business lines.
The "Competition" section of a business plan or investment memorandum would start by analyzing the information about these companies.
Competitive advantage comes from offering better pricing or superior products/service.
These companies are similar in business line and location to Ben Spurgin Insurance Agency.
While some companies compete with neighboring businesses for customers, other companies may compete to attract skilled employees.
Future Competition: Ben Spurgin Insurance Agency's Fastest Growing Competitors
These companies are in the same general field as Ben Spurgin Insurance Agency and are rapidly expanding. Companies may grow organically or through acquisition. In some cases apparently high growth rates may be caused by data that weren't available in previous years.