Brooke Franchise Corporation to Host Advertising Center Grand Opening on Feb. 9
February 05 2007 - 11:49AM
PR Newswire (US)
PHILLIPSBURG, Kan., Feb. 5 /PRNewswire-FirstCall/ -- Brooke
Franchise Corporation, the insurance agency subsidiary of Brooke
Corporation (NASDAQ:BXXX), will celebrate the grand opening of its
advertising center located on its Phillipsburg campus during an
open house on Feb. 9. The ad center is housed in a new, 25,000
square foot building located near the company's processing and
storage centers, and includes an espresso shop and Brooke Savings
Bank office that are open to the general public. The espresso shop
promotes Brooke's trade name by selling Brooke merchandise and the
Brooke brand of coffee. Brooke Savings Bank is an agent bank that
provides customers of Brooke franchisees with access to banking
services. Most of the space in the ad center building is used to
showcase Brooke advertising materials with access typically
restricted to employees and franchisees. This restricted space
provides a creative work environment for advertising and facilities
professionals, and houses a fully equipped print shop and
production studio. The advertising center's restricted space will
be open to the public during the Feb. 9 open house from 3 p.m. to 6
p.m. Ad center personnel will be available to answer questions and
conduct tours. The success of an independent agency depends first
on the efforts of the local owner. The ad center's mission is to
improve the odds for business success by collectively providing
advertising and facilities services to Brooke franchisees that they
could not individually afford. Brooke's advertising professionals
specialize in advertising for independent agents, resulting in an
expertise that can be very beneficial to franchisees. Office
location is also an important marketing decision. Franchisees can
benefit from the experience Brooke's facilities professionals have
gained from assisting franchisees in analyzing and opening hundreds
of office locations. Nick Rhodes is manager of advertising services
and Chuck Decker is manager of facilities services. "Brooke's
investment in an advertising center is representative of our
willingness to go the extra distance to help our franchisees
succeed," said Leland Orr, general manager of Brooke's Phillipsburg
campus. "The expense of the advertising center building, and the 64
professionals who work there, is not required by our franchise
agreement. However, we realize that Brooke succeeds when its
franchisees succeed, so we are willing to make the extra investment
for our franchisees." Orr noted that the extra investments made by
Brooke on behalf of its franchisees extend well beyond the cost of
operating the ad center. These extra investments include
approximately 7 million dollars in 2007 budget allocations for
expenses expected to be paid by Brooke for the benefit of its
franchisees and administered by ad center professionals. These
budget allocations are in addition to the marketing expenses paid
by franchisees and include: -- Brooke's estimated share of
cooperative advertising expense for yellow pages, print ads and
other forms of traditional advertising; -- Brooke's estimated cost
for lead generation expenses, including Web site promotions,
toll-free telephone service and cooperative lead purchasing; --
Brooke's estimated discounts provided on logo supplies to help
franchisees build name recognition; -- Brooke's estimated cost of
location analysis software to help franchisees select better office
locations. -- Brooke's estimated cost of retaining a public
relations firm for the exclusive use of franchisees. A dedication
ceremony is planned for 4 p.m. Leland Orr and Shawn Lowry,
president of Brooke Franchise Corporation, are expected to address
those in attendance. About our company ... Brooke Corporation is
listed on the Nasdaq Global Market under the symbol "BXXX". Its
wholly owned subsidiary, Brooke Franchise Corporation, distributes
insurance and banking services through a network of more than 700
franchise locations. Brooke Franchise was named the 22nd largest
U.S. insurance agency by Business Insurance magazine (2006) and the
country's No. 37 top franchise by Entrepreneur magazine (2007). For
more information, visit http://www.brookeagent.com/ . E-mail
Distribution ... To receive electronic news alerts, visit the
Brooke Corporation Media Room at http://brookecorp.mediaroom.com/
and subscribe to our e-mail alerts online through the Get the News
link. DATASOURCE: Brooke Corporation CONTACT: Lisa Mussman, Brooke
Corporation, +1-785-543-3199, Web site: http://www.brookecorp.com/
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