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HireStrategy Named to Inc. Magazine's Annual List of America's 500 Fastest-Growing Private Companies.


RESTON Reston, uninc. city (1990 pop. 48,556), Fairfax co., N Va., a planned community established in 1961. A suburb of Washington, D.C., Reston is organized in a series of residential villages and commercial areas. , Va. -- Inc. magazine this week named Reston-based professional staffing firm HireStrategy to its 25th annual Inc. 500 ranking of the fastest-growing private companies in the country.

HireStrategy ranks No. 383 on the list, with three-year growth of 374.2 percent.

HireStrategy (www.hirestrategy.com) provides consulting services Noun 1. consulting service - service provided by a professional advisor (e.g., a lawyer or doctor or CPA etc.)
service - work done by one person or group that benefits another; "budget separately for goods and services"
, permanent placement and executive search solutions for companies and career management in the technology, sales, finance and accounting professions. The Washington Business Journal recently ranked HireStrategy as the top staffing firm in the Greater Washington area and calls it one of the area's "Best Places to Work." Washingtonian magazine cites HireStrategy as one of Washington's "Great Places to Work".

"Being named to the Inc. 500 list is a great honor As a verb, to accept a bill of exchange, or to pay a note, check, or accepted bill, at maturity. To pay or to accept and pay, or, where a credit so engages, to purchase or discount a draft complying with the terms of the draft.  and marks an important milestone in the growth of our company," said Paul Villella, President and CEO (1) (Chief Executive Officer) The highest individual in command of an organization. Typically the president of the company, the CEO reports to the Chairman of the Board.  of HireStrategy. "Since our founding in January 2000, we have grown steadily to become the top professional staffing firm in the Washington area. The Inc. 500 ranking reflects the hard work and dedication of our recruiters to providing the highest quality services to our clients and to the candidates we represent. 2006 is proving to be our best year yet and we look forward to being ranked among the Inc. 500 next year and for years to come."

The 2006 Inc. 500, as revealed in the September issue of Inc., reported the most robust bunch of companies the magazine has ever compiled, with aggregate revenue of $19.7 billion, up from $16.5 billion last year and $12.9 billion in 2000. The 2006 Inc. 500 companies were engines of job growth, having created more than 90,000 jobs since those companies were founded.

"If you want to find out which companies are going to change the world, look at the Inc. 500," said Inc. Editor Jane Berentson. "These are the most innovative, dynamic, fast-growth companies in the nation, the ones coming up with solutions to some of our most intractable intractable /in·trac·ta·ble/ (in-trak´tah-b'l) resistant to cure, relief, or control.

in·trac·ta·ble
adj.
1. Difficult to manage or govern; stubborn.

2.
 ills, creating systems that let us conduct business faster and easier, and manufacturing products we soon discover we can't live without. The Inc. 500 list is Inc. magazine's tribute to American business ingenuity and ambition."

Federal spending again propelled a large number of companies from Washington, D.C., Northern Virginia Northern Virginia (NoVA) consists of Arlington, Fairfax, Loudoun, and Prince William counties and the independent cities of Alexandria, Falls Church, Fairfax, Manassas, and Manassas Park. , and Suburban Maryland Maryland (mâr`ələnd), one of the Middle Atlantic states of the United States. It is bounded by Delaware and the Atlantic Ocean (E), the District of Columbia (S), Virginia and West Virginia (S, W), and Pennsylvania (N).  onto the Inc. 500. Greater Washington is the top metropolitan area for the fourth consecutive year, with 43 of the fastest-growing companies.

The largest business category among this year's Inc. 500 is IT Services, with 68 companies in this category. Health (36 companies), Retail (35 companies), Real Estate (30 companies), and Human Resources The fancy word for "people." The human resources department within an organization, years ago known as the "personnel department," manages the administrative aspects of the employees.  (29 companies) round out the top industries ranked on the 2006 Inc. 500.

The 2006 Inc. 500 list measures revenue growth from 2002 through 2005. To qualify, companies had to be U.S.-based, privately held independent - not subsidiaries or divisions of other companies - as of December 31, 2005, and have at least $600,000 in net sales Net Sales

The amount a seller receives from the buyer after costs associated with the sale are deducted.

Notes:
This amount is calculated by subtracting the following items from gross sales: merchandise returned for credit, allowances for damaged or missing goods, freight
 in the base year.
COPYRIGHT 2006 Business Wire
No portion of this article can be reproduced without the express written permission from the copyright holder.
Copyright 2006, Gale Group. All rights reserved. Gale Group is a Thomson Corporation Company.

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Publication:Business Wire
Article Type:Directory
Date:Aug 24, 2006
Words:494
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