Note: Prairie States Insurance Agency's revenues are gauged from an analysis of company filings.
Prairie States Insurance Agency's Income Statement (based on Industry Averages)
Prairie States Insurance Agency P&L
$ Millions
Revenue (Sales)
Cost of Goods Sold
Gross Profit
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Advertising
Salaries and wages
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Market Share of Prairie States Insurance Agency's Largest Competitors
A competitive analysis shows these companies are in the same general field as Prairie States 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 Prairie States Insurance Agency.
While some companies compete with neighboring businesses for customers, other companies may compete to attract skilled employees.
Future Competition: Prairie States Insurance Agency's Fastest Growing Competitors
These companies are in the same general field as Prairie States 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.