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Updated RecentlyBrightway Insurance vs Pronto Insurance Franchise Comparison
Below is an in-depth analysis and side-by-side comparison of Brightway Insurance vs Pronto Insurance including start-up costs and fees, business experience requirements, training & support and financing options.
Start-Up Costs and Fees |
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| Investment | $18,100 - $173,500 | $52,925 - $120,950 |
| Franchise Fee | $5,000 - $60,000 | $20,000 - $40,000 |
| Royalty Fee | up to 50% | - |
| Advertising Fee | - | - |
| Year Founded | 2003 | 1997 |
| Year Franchised | 2007 | 2009 |
| Term Of Agreement | 5 years | - |
| Term Of Agreement | 5 years | - |
| Renewal Fee | - | - |
Business Experience Requirements |
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| Experience | - | I am goal-oriented. I want to get in on the ground floor of an exciting business opportunity. I have transferable business experience and believe in excellence. I am passionate about my community. |
Financing Options |
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| In-House/3rd Party | In-House/3rd Party | |
| Franchise Fees | -/Yes | -/- |
| Start-up Costs | -/Yes | -/- |
| Equipment | -/Yes | -/- |
| Inventory | -/- | -/- |
| Receivables | -/- | -/- |
| Payroll | -/- | -/- |
Training & Support |
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| Training | On-The-Job Training: 120 hours Classroom Training: 64 hours Additional training | On-The-Job Training: 37 hours Classroom Training: 34.5 hours |
| Support | Purchasing Co-ops Newsletter Meetings/Conventions Toll-Free Line Grand Opening Online Support Security/Safety Procedures Field Operations Site Selection Proprietary Software | Newsletter Meetings/Conventions Grand Opening Online Support Field Operations Site Selection Proprietary Software Franchisee Intranet Platform |
| Marketing | Co-op Advertising Ad Templates National Media Regional Advertising Social media SEO Website development Email marketing | Regional Advertising Website development |
| Operations | Absentee Ownership Allowed Number of Employees Required to Run: 3 | - |
Expansion Plans |
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| US Expansion | Yes | Yes |
| Canada Expansion | - | - |
| International Expansion | - | - |
Company Overviews
About Brightway Insurance
Additionally, the franchisor offers franchisees the right to operate a Brightway franchise from a professional office space. The total investment necessary to begin operation of a single Brightway franchise from a professional office space is $58,000 to $93,750. This includes a $40,000 initial fee that must be paid to the franchisor or its affiliate(s).
Veteran Incentives 10% off franchise fee
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About Pronto Insurance
Pronto Insurance was founded by the Varela family, who opened their
first location in 1997 and began franchising in Texas in 2009. Since
then, we’ve grown to 140+ locations throughout Texas. Pronto Insurance offers our value-focused customers a whole new way to buy non-standard
insurance. Our high profile retail locations give customers what they
want: great prices, friendly customer service, and fast, efficient
service. Pronto Insurance's Franchise Owners are recognized in the communities
they serve, and our business is recognized nationally as a great
franchise to own, and one of the Top 50 Franchises for Minorities.
Our Franchise Owners are “people persons” with strong business skills
and a drive to succeed. If you love networking in your community and
are passionate about making a difference, we want to talk to you. You
don’t need experience selling insurance, we will train you. Pronto Insurance is a
family-owned business that treats our Franchise Owners like family. We
value hard work, and once the work is done, we love to join together and
have fun.
Veteran Incentives 25% off franchise fee