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September 30, 2009
Inc. Magazine recently included Brook Furniture Rental in the third annual Inc. 5000, an exclusive ranking of the nation's fastest-growing private companies.
"We are excited to be recognized by Inc. Magazine," said Robert W. Crawford, CEO of Brook Furniture Rental. "As a company, we have been successful in identifying new ways to grow our business, and to meet our customer's high expectations. On behalf of our team members across America, it is a pleasure to earn this recognition!"
The Inc. 5000 list represents the most comprehensive look at the most important segment of the economy: America's independent-minded entrepreneurs. "Savvy trend spotters know that the Inc. 5000 is the best place to find out about young companies that are achieving success through a wide variety of unprecedented business models, as well as older private companies that are still expanding at an impressive rate," said Inc. 5000 project manager Jim Melloan. "That's why our list is so eagerly anticipated every year."
The 2009 Inc. 5000 serves as a unique report card on the U.S. economy. Despite the ongoing recession, aggregate revenue among the companies on the list actually increased to $214 billion, up $29 billion from last year, with a median three-year growth rate of 126 percent. The Inc. 5000 are responsible for creating more than 1 million jobs since their founding, making the list perhaps the best example of the impact private, fast-growing companies can have on the economy.
The Inc. 5000 is ranked according to percentage revenue growth from 2005 through 2008. To qualify, companies must have been founded and generating revenue by the first week of 2005, and therefore able to show four full calendar years of sales. Additionally, they have to be U.S.- based, privately held, for profit, and independent -- not subsidiaries or divisions of other companies -- as of December 31, 2008. Revenue in 2005 must have been at least $200,000, and revenue in 2008 must have been at least $2 million. The top 10 percent of companies on the list comprise the Inc. 500, now in its 28th year.
Founded in 1979, Brook Furniture Rental is the nation's second largest furniture rental company. With furniture rental locations in California, Texas, Georgia, Illinois, Wisconsin, Virginia, and Maryland, the company serves to meet the short term furniture rental needs of people and businesses in transition. Complete company survey results can be found at Brook Furniture Rental Inc 5000.
Also founded in 1979, and acquired in 2005 by Mansueto Ventures LLC, Inc. (www.inc.com) is the only major business magazine dedicated exclusively to owners and managers of growing private companies that delivers real solutions for today's innovative company builders. With a total paid circulation of over 700,000, Inc. provides hands-on tools and market-tested strategies for managing people, finances, sales, marketing, and technology.