HomeWell Care Services Joins the Inc. 5000 List of the Fastest-Growing Private Companies
August 17, 2021 // Franchising.com // Burkburnett, TX - Inc. magazine today revealed that HomeWell Care Services has joined the Inc. 5000: the most prestigious ranking of the nation’s fastest-growing private companies. The list represents a unique look at the most successful companies within the American economy’s most dynamic segment - its independent small businesses.
HomeWell Care Services, franchised through its parent company, HomeWell Franchising Inc., provides trusted, quality home care, while providing franchisees with a means to successful business ownership. The company’s flexible care options include expertly developed special programs that enrich the lives of clients, including its foundational Life Enrichment Activities Program (LEAP) created to combat social isolation and loneliness. HomeWell is expanding strategically across the U.S. and expects to have more than 100 HomeWell Care Services franchises by 2023.
“We are extremely excited to make our debut on the Inc. 5000 list of fastest growing companies in the USA,” said Crystal Franz, CEO. “Given the rapidly growing senior population and the extra needs caused by the pandemic, non-medical home care is an expanding and essential industry. What makes HomeWell Care Services different is our compassionate, personalized approach to providing outstanding care, and our community of franchisees who share our mission. We are honored that families are entrusting HomeWell with their loved ones’ care, and that business owners are realizing their dreams and making a difference as part of the HomeWell family.”
“Our projections show 2021 to be the best year yet for our company, following record-setting growth in 2020,” said Casey McCleskey, CFO. “HomeWell franchisees are passionate about bringing home care to their communities, and we are passionate in empowering them to launch, grow, and sustain their home care businesses. We have built a robust franchisee pipeline with well-qualified candidates, and an innovative, scalable franchise system that offers owners a proven path to success under the HomeWell Care Services brand. The momentum that we have achieved so far shows no sign of slowing.”
“The 2021 Inc. 5000 list feels like one of the most important rosters of companies ever compiled,” says Scott Omelianuk, editor-in-chief of Inc. “Building one of the fastest-growing companies in America in any year is a remarkable achievement. Building one in the crisis we’ve lived through is just plain amazing. This kind of accomplishment comes with hard work, smart pivots, great leadership, and the help of a whole lot of people.”
Not only have the companies on the 2021 Inc. 5000 been very competitive within their markets, but this year’s list also proved especially resilient and flexible given 2020’s unprecedented challenges. Among the 5,000, the average median three-year growth rate soared to 543 percent, and median revenue reached $11.1 million. Together, those companies added more than 610,000 jobs over the past three years.
About HomeWell Franchising, Inc.
HomeWell Franchising Inc. is the franchisor for HomeWell Care Services®, which provides personal care, companionship, and home maker services for seniors and other homebound individuals, so they can remain safely in the comfort of wherever they call home. HomeWell is committed to helping people live life more fully and offers special programs for fall prevention, post-medical care, and life enrichment. Our franchise agencies serve over 3,000 clients annually, helping them to fulfill a robust life.
HomeWell Franchising Inc. is a premier franchisor with over 40 open locations representing over 85 territories across the U.S. and Canada. The company has a strong pipeline of new agencies set to open. HomeWell has been recognized as a Franchise Business Review Top 100 low investment franchise and continually ranks on the Entrepreneur Franchise 500 list. For more information on HomeWell or to explore franchise opportunities, visit www.homewellcares.com or www.homewellfranchising.com.
About Inc. and the Inc. 5000
Companies on the 2021 Inc. 5000 are ranked according to percentage revenue growth from 2017 to 2020. To qualify, companies must have been founded and generating revenue by March 31, 2017. They must be U.S.-based, privately held, for-profit, and independent - not subsidiaries or divisions of other companies - as of December 31, 2020. (Since then, some on the list may have gone public or been acquired.) The minimum revenue required for 2017 is $100,000; the minimum for 2020 is $2 million. As always, Inc. reserves the right to decline applicants for subjective reasons. Growth rates used to determine company rankings were calculated to three decimal places. There was one tie on this year’s Inc. 5000. Companies on the Inc. 500 are featured in Inc.’s September issue. They represent the top tier of the Inc. 5000, which can be found at http://www.inc.com/inc5000.
About Inc. Media
The world’s most trusted business-media brand, Inc. offers entrepreneurs the knowledge, tools, connections, and community to build great companies. Its award-winning multiplatform content reaches more than 50 million people each month across a variety of channels including web sites, newsletters, social media, podcasts, and print. Its prestigious Inc. 5000 list, produced every year since 1982, analyzes company data to recognize the fastest-growing privately held businesses in the United States. The global recognition that comes with inclusion in the 5000 gives the founders of the best businesses an opportunity to engage with an exclusive community of their peers, and the credibility that helps them drive sales and recruit talent. The associated Inc. 5000 Vision Conference is part of a highly acclaimed portfolio of bespoke events produced by Inc. For more information, visit www.inc.com.
SOURCE HomeWell Franchising, Inc.
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