For the 2nd year in a row Shelly Sun, CEO and Co-Founder of BrightStar Care, was named the fastest growing woman owned company in North America. With 8.3 million women owned companies, contributing 1.3 trillion to the economy and employing 7.7 million people, Shelly credits her success on her business model and talks with Fox Business on how the franchising has lead to her expansion.
“It is great to be recognized for our significant growth over the last year,” says Sun. “We have a really high performance culture, from the corporate level to the 10,000 care givers taking care of families; everyone is working to make a difference in the lives of others.”
BrightStar began with one location in 2002 and has grown to over 250 locations and can be found in 38 states since Shelly’s decision to franchise in 2006. “Franchising just made sense from a business model; we wanted the passion and commitment of a local owner and partnering together our brand and their local relationships allows us to make sure our consumers have the best care possible,” explains Shelly.
According to IFA’s 2012 Economic Outlook for Franchise Businesses, franchise establishments will increase by 1.6 percent in 2012, and if able to close the lending gap would generate $70 billion in economic growth and create and protect more than 522,000 jobs to the U.S. economy. With plans to go public in 2015, Shelly knows that access to capital “would allow BrightStar to broaden their business model and offer more to the consumer.”
To view Shelly Sun’s interview on FOX Business, click here.