Brooke Franchise CEO to Present at Company's National Convention
October 01 2007 - 2:31PM
PR Newswire (US)
OVERLAND PARK, Kan., Oct. 1 /PRNewswire-FirstCall/ -- Kyle Garst,
chief executive officer of Brooke Franchise Corporation, a
subsidiary of Brooke Corporation (NASDAQ:BXXX), will present a
keynote session at Brooke's 2007 National Franchise Convention,
scheduled Oct. 21-23 at the South Point Hotel in Las Vegas. The
session will be held on Monday, Oct. 22, at 12:15 p.m. in the Grand
Ballroom of the South Point. Garst's presentation will highlight
Brooke's business philosophy in the "Era of 1,000 Locations" as the
company nears this important benchmark. The presentation will
include specific illustrations of franchising benefits and the
economies of scale generated from the growth of the Brooke
franchise network. Garst will also provide information regarding
Brooke's 2008 advertising and marketing assistance programs for
franchisees. Garst will announce a reduction in the basic rate of
monthly franchise fees paid by franchisees as the result of these
economies of scale. "For several years, we have discussed the
importance of the 1,000 location benchmark which we expect to
achieve in the coming months," Garst said. "We are excited that the
growth of our franchise network has provided certain economies of
scale, which allows us to reduce the rate of monthly franchise
fees. Brooke regional representatives will be available at the
convention to assist franchisees in signing up for the reduced
rate. We encourage all franchisees to make plans to attend this
session." Nearly 1,000 Brooke franchisees, employees, directors and
stockholders are expected to attend the event, which features a
variety of educational speakers, exhibits and entertainment,
including Super Bowl champion coach Dick Vermeil. For more
information about the convention events and speakers, visit
http://www.brookeagent.com/Convention. About our company ... Brooke
Franchise Corporation is a subsidiary of Brooke Corporation
(NASDAQ:BXXX) that distributes insurance and banking services
through a network of more than 800 franchise locations. Brooke
Franchise was named 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 press 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. This press release contains
forward-looking statements. All forward-looking statements involve
risks and uncertainties, and several factors could cause actual
results to differ materially from those in the forward-looking
statements. The following factors, among others, could cause actual
results to differ from those indicated in the forward-looking
statements: the uncertainty that Brooke Franchise and its
affiliates will successfully create or acquire insurance agent
locations and attract franchisees; the uncertainty that the Company
will achieve its short-term and long-term profitability and growth
goals, uncertainties associated with market acceptance of and
demand for the Company's products and services, the impact of
competitive products and pricing, the dependence on third-party
suppliers and their pricing, its ability to meet product demand,
the availability of funding sources, the exposure to market risks,
uncertainties associated with the development of technology,
changes in the law and in economic, political and regulatory
environments, changes in management, the dependence on intellectual
property rights, the effectiveness of internal controls, and risks
and factors described from time to time in reports and registration
statements filed with the Securities and Exchange Commission by
Brooke Corporation, Brooke Credit Corporation and Brook Capital
Corporation, each an affiliate of Brooke Franchise Corporation.. A
more complete description of Brooke's business is provided in
Brooke Corporation's most recent annual, quarterly and current
reports, which are available from Brooke Corporation without charge
or at http://www.sec.gov/. DATASOURCE: Brooke Franchise Corporation
CONTACT: Kyle Garst of Brooke Franchise Corporation,
+1-913-661-0123, ext. 508, Web site: http://www.brookeagent.com/
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