Balance Recruitment named again on BRW Fast Starters List 2011

Friday, 20 May 2011

IT recruitment specialist Balance Recruitment has made the BRW Fast Starters for the second consecutive year, following yet another 12 months of impressive financial growth. Jumping eleven places from 36 in 2010 to 25 in 2011, Balance is the highest ranking IT recruitment company to make the exclusive list.

“We are immensely proud of our inclusion in the prestigious BRW Fast Starters list for the second year in a row,” says Balance co-founder Paul Foster. “What we have achieved over the past four years – particularly during challenging economic times – is a credit to our business model and our recruiters.

“Whilst other recruitment companies were badly impacted by the global financial crisis, we continued to flourish, acquiring numerous blue chip clients from our competitors and building a formidable team. Our BRW Fast Starters ranking is well-deserved recognition of everyone’s hard work.”

Established in 2007 by experienced IT recruiters Paul Foster and Simon Hogg, Balance Recruitment has consistently outperformed the market, thanks to its unique client delivery model that enables the team to deal with the volumes of a much larger recruitment agency without compromising on quality.

The BRW Fast Starters 2011 list is based on turnover in FY09 and FY10 and both Foster and Hogg are now expecting a record 75% or more growth in revenue for FY2011.

“Our growth success is a reflection of our consistent delivery and sustainable business model and has been achieved with no debt and without relying on a single major client,” says Balance co-founder Simon Hogg.

“We are now confident to continue this strategy and are looking forward to growing both our Sydney and Canberra offices and expanding into Melbourne later on in the year.”

Compiled by Business Review Weekly (BRW) magazine, the BRW Fast Starters is a an annual list that showcases entrepreneurial and fast growing businesses from across the country and highlights strategies and tactics they use to be successful.

The BRW Fast Starters issue of the magazine will be on sale April 28 2011.

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