Clockwork Home Services Acknowledged for Impressive Growth by Inc. Magazine
Home Services Company Ranks No. 933 in Nation on the Inc. 5000 List
Sarasota, Fla.--(BUSINESS WIRE)--Clockwork Home Services, Inc. (Clockwork) today announced that it has been ranked no. 933 on the Inc. 5000 list of the fastest-growing private companies in the United States. Clockwork also placed 49th in the top 100 consumer products companies and 96th in the top 100 companies by gross dollars of growth. The company's sales growth was 390.5% from 2004 to 2007.
"We are thrilled to learn that Clockwork has been recognized by Inc. as one of the fastest growing companies in the nation, and attribute this success to our intense focus on customer service," said Jim Abrams, CEO, Clockwork Home Services, Inc. "We are committed to providing our customers superior quality and service through all of our plumbing, electrical and air conditioning and heating franchises and recognize that our company's continued growth relies on this dedication."
The 2008 Inc. 5000 list measures revenue growth from 2004 through 2007. To qualify, companies had to be U.S.-based, privately held, for profit and independent – not subsidiaries or divisions of other companies – as of December 31, 2007, and had to have at least $200,000 in revenue in 2004, and $2 million in 2007.
"Our second annual Inc. 5000 continues the most ambitious project in business journalism," said Inc. 5000 Project Manager Jim Melloan. "The Inc. 5000 gives an unrivalled portrait of young, underreported companies across all industries doing fascinating things with cutting-edge business models, as well as older companies that are still showing impressive growth."
The 5000 companies that made the list reported aggregate revenue of $185 billion and median three-year growth of 147 percent. Most important, the 2008 Inc. 5000 companies were engines of job growth, having created more than 826,033 jobs since those companies were founded. Complete results of the Inc. 5000, including company profiles and a list of the fastest-growing companies that can be sorted by industry and region, can be found at www.inc5000.com.
Hottest Industries for Fastest-Growing Businesses
The most notable median growth categories among the Inc. 5000 fastest-growing businesses are in the Energy category (which grew by 298%), followed by Government Services (which grew by 220%), Security (200% growth), IT Services and Software (both grew by 187%), and Consulting (which grew by 182% on average).
The largest business category is IT Services, with 579 Inc. 5000 companies. Business Services (532 companies), Construction (459), Manufacturing (405), and Advertising & Marketing (361) complete the top five industries ranked on the 2008 Inc. 5000.
Industries reporting the highest median revenue are Travel ($38.8 million), Financial Services ($16.3 million), Logistics ($15.4 million) Government Services ($14.2 million), and Energy ($14.2 million).
About Clockwork Home Services, Inc.
Clockwork Home Services, Inc. is dedicated to improving the operations, efficiency, customer service and profitability of contractors in the home services industry in North America through affinity group membership and nationally branded franchises. Its companies include Mister Sparky® Franchising, Benjamin Franklin Plumbing® Franchising, One Hour Air Conditioning & Heating® Franchising, BuyMax®, Plumbers' Success International®, Electricians' Success International®, AirTime 500™, Roofers' Success International®, Success Academy®, AirTime Canada™ ULC, SuccessWare, Inc.® and company-owned One Hour® operations in Nevada, Florida, Tennessee, Minnesota, Indiana, California, Ohio, South Carolina, Colorado and throughout Canada; company-owned Benjamin Franklin Plumbing® operations in Indiana, Tennessee, Minnesota, Ohio, California and Colorado; and company-owned Mister Sparky® operations in Colorado, Indiana and Georgia. For more information, visit www.clockworkhomeservices.com.