At every renewal term, or every five years, if you decide you don’t want to renew your contract you will have the opportunity to sell your business or take a guaranteed buyout from Brightway.
-The buyout option is 1.5 times your renewal commission, is paid out over 24 months and is re-calculated at month 12. The re-calculation benefits you—your renewal commission 12 months later will most likely be higher than it was when we originally calculated the buyout
-You also have the ability to sell your business to a
Brightway-approved buyer. This option offers you the ability to sell to buyers who want a turnkey operation
-We also empower you to pass on your agency to a family member or successor at any time. If your dream is to continue your legacy, we want to help you achieve it. Since you’re giving your business as a gift, no additional franchise fee is incurred.