congratulations to philadelphia 100 ® ! philadelphia has the third most companies in the 2003 inc....
TRANSCRIPT
Congratulations to Philadelphia 100®!
Philadelphia has the third most companies in the 2003 Inc. 500, with 21, behind Washington, D.C. (41) & Boston (23)
Outline Describe selection process and
criteria Describe the winners Recognize entrepreneurial
accomplishmentsPresentation on website tomorrow. Please inform Wharton SBDC of misspellings etc.
Philadelphia 100® Selection CriteriaPhiladelphia 100® winners are selected based on three year revenue % growth rate. To qualify a company must:
• Be an independent, privately held corporation, partnership, or proprietorship [not a franchisee, subsidiary, or division].
• Have a 3-year sales history with an increase in the most recently completed fiscal year.
• Have sales of more than $75,000 but less than $25 million in fiscal 200.
• Be located in the 9-county greater Philadelphia region.
• Applicants must not have operated in bankruptcy at any point during the contest period through to the time of winner selection.
Many winners matched growth with large increases in sales.
$0$2,000,000
$4,000,000$6,000,000
$8,000,000$10,000,000
$12,000,000$14,000,000
$16,000,000$18,000,000$20,000,000
$22,000,000$24,000,000
$26,000,000$28,000,000
$30,000,000$32,000,000
$34,000,000$36,000,000
$38,000,000$40,000,000
0 10 20 30 40 50 60 70 80 90 100Rank
Incr
ease
in
Sal
es
$160,561,522
Winners with an increase in absolute sales of over $10 Million Coventry First Axis Healthcare
Communications LLC
Security Services & Technologies
Fiberlink Communications Corporation
A & E Construction, Inc.
V2, Inc. Charon ECA Synygy, Inc. The Bannett
Group, Ltd. Rapid Trials Integrity Staffing
Solutions
Most winners achieved their high growth rates considerably beyond their start up years.
0
5
10
15
20
25
30
35
40
45
50
0 10 20 30 40 50 60 70 80 90 100
Rank
Ye
ars
in B
us
ine
ss
51 of this year’s winners were founded 7 or more years ago.
Winning companies that were founded 15 or more years ago:
The Burns Group (46 years) CRW Graphics (39 years) The Savitz Organization (35 years) The Bannett Group, Ltd. (29 years) McMahon Associates, Inc. (27 years) Tri State Alarm, LLC (26 years) A & E Construction, Inc. (25 years) Nolan Painting, Inc. (24 years) Parcels, Inc. (23 years) Reimbursement Services, Inc. (23
years) Skilled Nursing, Inc. (23 years) Coventry First (21 years) F.B.C.S., Inc. (21 years) BLM Architects (20 years) Lyons Insurance Agency, Inc. (19 years)
CHI Systems, Inc. (18 years) MACH I, Inc. (18 years) Arora Engineers, Inc. (17 years) AroundCampus, Inc. Co. (17 years) Grimley Financial Corporation (17
years) Security Services & Technologies (17
years) Countrywide Pre-Paid Legal Services
Inc. (16 years) Endless Pools, Inc. (16 years) Ferrare & Fleming Advertising, Inc.
(16 years) Radnor Benefits Group, Inc. (16 years) MEDecision, Inc. (15 years) The Siegfried Group, LLP (15 years)
Winners represent several industry clusters.
0 5 10 15 20 25 30
Technology
Financial Services
Biotech/Healthcare
Other Services
Construction
Marketing and Advertising
Manufacturing
Placement Services
Publishing/Printing
Retail Non-technology
Number of Companies
The number of financial services companies in the Philadelphia 100® is increasing.
0%
10%
20%
30%
40%
50%
60%
70%
80%
90%
100%
1990 1995 2002 2003
Other Services
Biotech/Healthcare
Technology
Retail Non-technology
Publishing/Printing
Placement Services
Marketing andAdvertising
Financ ial Services
Construction
Manufacturing
CEOs’ Greatest Strengths
Vision 35.0%
Sales/Marketing 21.5%
Managing People 15.5%
Product Innovation 15.0%
Financial Strategies 7.5%
Information Technologies 3.5%
Other 2.0%
56 repeat winners means sustained entrepreneurial achievement.
Repeat Winners1
30
10
6
5
2
2
0 5 10 15 20 25 30 35
1 previous win
2 prevoius wins
3 previous wins
4 previous wins
5 previous wins
6 previous wins
8 previous wins
Number of companies amongst 2003 winners
3+ time winners: Access Care (3 times) Analytical Graphics, Inc. (6 times) CharonECA (3 times) CHI Systems, Inc. (4 times) Countrywide Pre-Paid Legal Services Inc.
(3 times) CTN Solutions, Inc. (4 times) Educational Directories Unlimited, Inc. (4
times) Endless Pools (5 times) Fiberlink Communications Corporation (6
times) FMG Technologies, Inc. (4 times) Freedom Medical, Inc. (4 times) Grimley Financial Corporation (5 times) Integrity Staffing Solutions (3 times)
MEDecision, Inc. (5 times) Miles Technologies (3 times) Priority Express Courier (5 times) Radnor Benefits Group, Inc. (5 times) Refinery, Inc. (3 times) Roussey, Ltd. (3 times) Security Services & Technologies (7
times) Skilled Nursing, Inc. (3 times) Synygy, Inc. (9 times) The Burns Group (3 times) The Monument Group, Inc. (4 times) USA Environmental Management, Inc. (7
times) VirtualEdge Corporation (3 times)
Philadelphia 100® Hall of Fame
Companies on the list 5 or more times
CEOs with companies on the list 5 or more times If you know a CEO Hall of Fame candidate, e-mail
Wharton SBDC [email protected]!
“Stories” in April 20044
The Wharton SBDC is funded by a combination of grants from the U.S. Small Business Administration (under Cooperative Agreement No. SA #3-603001-200040-23), the Pennsylvania Department of Community & Economic Development, and the Wharton School of the University of Pennsylvania. The support given by these agencies does not constitute an express or implied endorsement of any of the co-sponsors’ or participants’ opinions, findings , conclusions, recommendations, products or services. All SBDC programs are non-discriminatory and open to the public. Reasonable arrangements for persons with disabilities will be made if requested at least two (2) weeks in advance.