2. BrightStar is the first senior home care
franchising company to specialize in both
medical, non-medical homecare and medical
staffing.
3. Within 10 years there will be over 54 million people over
the age of 65. That’s almost 16% of the U.S. population.
In fact, the number of Americans 65 and older is expected
to more than double to 89 million by 2050, according to
the Census Bureau.
Taking into account this unprecedented rate of
growth, with the fact that according to AARP,
88% of its members want to age in their own
homes, the entire home care service industry
will only experience enormous growth for
the next 50 years..
4. BrightStar Moves Up the Ranks on Inc. 500|5000
List of Fastest Growing Companies.
BrightStar, a full-service healthcare staffing agency that
provides medical and non-medical homecare, has been
ranked on the Inc. 500|5000 2010 list of the fastest-
growing companies as #181, up from #217 last year.
5. One of the most prestigious honors in
American business, the Inc. 500|5000 list
ranks the 5,000 fastest-growing
companies based on revenue growth over
the span of the three prior years: for the
2010 award it was for growth from 2007
through 2009.
6. “In today’s business world,
you have to surround
yourself with premier people
that take pride in the work
and go above and beyond
normal duties,” said Shelly
Sun, Co-Founder and CEO
of BrightStar.
7. “workingan outstanding franchise system of hard-to
“With
entrepreneurs, this ranking is a tribute
their commitment to our company and customer
service and we are ecstatic to be recognized for
our continuous growth.”
”
BrightStar has been moving up through the Inc. 500|5000 ranks
over the past years, ranking #2225 in 2007, #1988 in 2008,
#217 in 2009 and now #181 in 2010.
8. The 2010 Inc. 500|5000 is revealed online at
www.inc.com and featured in the September 2010 issue
of Inc. Magazine, the premier publication for small and
medium-sized businesses.
The Inc. 500 ranks privately held companies according to
averaged year-over-year sales growth during the past five years.
9. “We look forward to another year of success and
growth,” added Sun. “BrightStar continues on
the path for growth as we just became the first
franchisor approved for a $6 million facility
created by Bancorp and Franchise America
Finance™ to expand our business and we also
recently expanded internationally signing our
first deal in Canada.”
10. BrightStar has been in business since 2002 and has been
franchising since 2005. In the three years since
launching BrightStar in March 2006, BrightStar has
grown to 115 franchisees with nearly 165 locations sold
and with over 110 locations already open.
11. BrightStar leverages its unique
differentiation of technology to
provide franchisees real-time key
performance indicators for customer
retention, mark-up and margin,
employee turnover and mix of
business so each franchisee can
benchmark themselves to local,
regional and national system
averages, highs and lows and
leverage field support to improve
performance.
12. Through Shelly’s leadership, BrightStar has grown from
one corporate-owned location to over 160
independently-owned franchise locations in 35 states,
and will reach 400 franchise locations sold by the end of
2011.
Using a multi-unit owner approach, BrightStar currently signs
5-8 new franchisees and 10-14 new locations per month and has
experienced 963 percent growth in the number of locations and
811 percent system-wide revenue growth from 2006 to 2008.